G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14769
DP14769 Social Security, Labor Supply and Health of Older Workers: Quasi-Experimental Evidence from a Large Reform
Itay Saporta Eksten; Ity Shurtz; Sarit Weisburd
发表日期2020-05-16
出版年2020
语种英语
摘要We study the effects of public pension systems on the retirement timing of older workers and, in turn, the health consequences of delaying retirement by those workers. Causal inference relies on a social security reform in Israel that shifted payments from husbands to their (non-working) wives, thereby substantially reducing the implied tax on the husband’s employment while keeping overall household wealth constant. Using administrative social security data, we estimate extensive-margin labor supply elasticities w.r.t. the average net-of-tax rate of about 0.43 for men over 65. Using the reform to instrument for employment, we find that working an additional full year at old age decreases longevity. This mortality effect occurs after age 75 and is driven by workers holding blue-collar jobs. Finally, we evaluate the effect of the reform on earnings. The results imply a small value for an additional year of life, suggesting that workers underestimate the health cost of employment at older ages.
主题Labour Economics ; Public Economics
关键词Labor supply Social security Tax reform Health Mortality
URLhttps://cepr.org/publications/dp14769
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/543697
推荐引用方式
GB/T 7714
Itay Saporta Eksten,Ity Shurtz,Sarit Weisburd. DP14769 Social Security, Labor Supply and Health of Older Workers: Quasi-Experimental Evidence from a Large Reform. 2020.
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