全球智库信息集成服务系统(G2TT): DP14769 Social Security, Labor Supply and Health of Older Workers: Quasi-Experimental Evidence from a Large Reform

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP14769
	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
URL	https://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.