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The effect of early retirement schemes on youth employment

Author

Listed:
  • Rene Boheim

    (Johannes Kepler University Linz, Austria, and IZA, Germany)

  • Thomas Nice

    (Humboldt University, Germany)

Abstract

The fiscal sustainability of state pensions is a central concern of policymakers in nearly every advanced economy. Policymakers have attempted to ensure the sustainability of these programs in recent decades by raising retirement ages. However, there are concerns that keeping older workers in the workforce for longer might have negative consequences for younger workers. Since youth unemployment is a pressing problem throughout advanced and developing countries, it is important to consider the impact of these policies on the employment prospects of the young.

Suggested Citation

  • Rene Boheim & Thomas Nice, 2019. "The effect of early retirement schemes on youth employment," IZA World of Labor, Institute of Labor Economics (IZA), pages 1-70, October.
    • Handle: RePEc:iza:izawol:journl:2019:n:70
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Ayako Kondo, 2016. "Effects of increased elderly employment on other workers’ employment and elderly’s earnings in Japan," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 5(1), pages 1-23, December.
    2. Nguyen, Cuong, 2019. "Simulation of the Costs and Benefits of Delayed Retirement: Evidence from Vietnam," MPRA Paper 106180, University Library of Munich, Germany.
    3. Lyashok, V. & Roshchin, S., 2017. "Young and Older Workers in the Russian Labor Market: Are They Competitors?," Journal of the New Economic Association, New Economic Association, vol. 33(1), pages 117-140.
    4. Wijayanti, F., 2018. "Younger vs. older workers in ASEAN countries: substitutes or complements?," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 4(4), pages 151-157.
    5. Miguel Lorca, 2021. "Effects of COVID‐19 early release of pension funds: The case of Chile," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 88(4), pages 903-936, December.
    6. Taiwo, Kayode, 2024. "Teachers’ Retirement Age Act: Tenure and Teacher Quality in Nigeria," MPRA Paper 121931, University Library of Munich, Germany.
    7. Рубинштейн Александр Яковлевич, "undated". "Рациональность & Иррациональность: Эволюция Смыслов [Rationality & Irrationality: Evolution of the Senses]," Working papers a:pru175:ye:2017:1, Institute of Economics.

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    More about this item

    Keywords

    early retirement; youth unemployment; social policy;
    All these keywords.

    JEL classification:

    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General
    • J80 - Labor and Demographic Economics - - Labor Standards - - - General

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