| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2576 |
| DP2576 Wages and the Size of Firms in Dynamic Matching Models | |
| Giuseppe Bertola; Pietro Garibaldi | |
| 发表日期 | 2000-10-24 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | Generous early retirement provisions account for a large proportion of the drop in the labour force participation of elderly workers. The aim of this paper is to provide a political-economic explanation of the wide spread adoption of early retirement. We suggest that the political support for generous early retirement provisions relies on: (i) the existence of an initial, significant group of redundant elderly workers with incomplete working history, who are not entitled to an old age pension; and (ii) the policy persistence that this provision introduces by inducing low-ability workers to retire early. The majority which supports a social security system with early retirement in a bidimensional voting game is composed of elderly workers with incomplete working history and low-ability workers. A descriptive analysis of eleven OECD countries confirms the relevance of the initial group of redundant elderly workers. Early retirement provisions were adopted during the deindustrialization process, almost always, immediately after the first severe decrease in industrial employment. |
| 主题 | Labour Economics ; Public Economics |
| 关键词 | Social security Policy persistence De-industrialization Structure-induced equilibrium |
| URL | https://cepr.org/publications/dp2576 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531645 |
| 推荐引用方式 GB/T 7714 | Giuseppe Bertola,Pietro Garibaldi. DP2576 Wages and the Size of Firms in Dynamic Matching Models. 2000. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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