The effects of the raising-the-official-pension-age policy in an overlapping generations economy

DOI10.1016/J.ECONLET.2014.03.011zbMATH Open1293.91128OpenAlexW2023801725MaRDI QIDQ397951FDOQ397951

Authors: Koichi Miyazaki 

Publication date: 12 August 2014

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2014.03.011

Recommendations

• Raising the mandatory retirement age and its effect on long-run income and pay-as-you-go (PAYG) pensions
• Postponing retirement and economic growth
• Macroeconomic implications of early retirement in the public sector: the case of Brazil
• Long-run effects of unfunded social security with earnings-dependent benefits
• Urban public pension, replacement rates and population growth rate in China

zbMATH Keywords

aggregate outputofficial pension ageoutput per efficiency unit of laborper unit of time social security benefit

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

• LONGEVITY, RETIREMENT, AND CAPITAL ACCUMULATION IN A RECURSIVE MODEL WITH AN APPLICATION TO MANDATORY RETIREMENT
• A positive theory of social security
• Increasing PAYG pension benefits and reducing contribution rates

Cited In (8)

• Pensions, household saving, and welfare: A dynamic analysis of crowd out
• Postponing retirement and economic growth
• The joint impact of fertility and unemployment on the level of state-aided pensions
• The age-specific burdens of short-run fluctuations in government spending
• The implications of a graying Japan for government policy
• Macroeconomic implications of early retirement in the public sector: the case of Brazil
• Heterogeneous expectations and equilibria selection in an evolutionary overlapping generations model
• Raising the mandatory retirement age and its effect on long-run income and pay-as-you-go (PAYG) pensions

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