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The Role of Institutions in European Patterns of Work and Retirement

Author

Listed:
  • Agar Brugiavini

    (Department of Economics, University Of Venice C� Foscari)

  • Axel B�rsch-Supan

    (MEA Mannheim Research Institute for the Economics of Aging, University of Mannheim)

  • Enrica Croda

    (Department of Economics, University Of Venice C� Foscari)

Abstract

This paper uses the Survey of Health, Ageing and Retirement in Europe (SHARE) to investigate the role of pension and social security institutions in shaping the European patterns of work and retirement. We provide evidence on the extent of �unused capacity� in labor force, on pathways to retirement and on the relationship between actual health status and disability take up. We find that institutional differences between countries explain much of the cross-national differences in work and retirement, while differences in health and demographics play only a minor role.

Suggested Citation

  • Agar Brugiavini & Axel B�rsch-Supan & Enrica Croda, 2008. "The Role of Institutions in European Patterns of Work and Retirement," Working Papers 2008_44, Department of Economics, University of Venice "Ca' Foscari".
    • Handle: RePEc:ven:wpaper:2008_44
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    References listed on IDEAS

    as
    1. Jonathan Gruber & David A. Wise, 2004. "Social Security Programs and Retirement around the World: Micro-Estimation," NBER Books, National Bureau of Economic Research, Inc, number grub04-1.
    2. Michael D. Hurd & Kathleen McGarry, 2002. "The Predictive Validity of Subjective Probabilities of Survival," Economic Journal, Royal Economic Society, vol. 112(482), pages 966-985, October.
    3. Jonathan Gruber & David A. Wise, 2007. "Social Security Programs and Retirement around the World: Fiscal Implications of Reform," NBER Books, National Bureau of Economic Research, Inc, number grub07-1, December.
    4. Jonathan Gruber & David A. Wise, 1999. "Social Security and Retirement around the World," NBER Books, National Bureau of Economic Research, Inc, number grub99-1, December.
    5. Gustman, Alan L. & Steinmeier, Thomas L., 1999. "Effects of pensions on savings: analysis with data from the health and retirement study," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 50(1), pages 271-324, June.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Konle-Seidl, Regina, 2009. "Erfassung von Arbeitslosigkeit im internationalen Vergleich: Notwendige Anpassung oder unzulässige Tricks? (Counting the unemployed in international comparison: necessary adjustments or inadmissible t," IAB-Kurzbericht 200904, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    2. René Böheim & Thomas Horvath & Thomas Leoni & Martin Spielauer, 2023. "The Impact of Health and Education on Labor Force Participation in Aging Societies: Projections for the United States and Germany from Dynamic Microsimulations," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 42(3), pages 1-35, June.
    3. Konle-Seidl, Regina, 2010. "Make further vocational training pay : possibilities and limits of promoting transitions by Public Employment Services (PES)," IAB-Discussion Paper 201018, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    4. Morris, Zachary A. & Zaidi, Asghar, 2020. "Estimating the extra costs of disability in European countries: Implications for poverty measurement and disability-related decommodification," LSE Research Online Documents on Economics 103778, London School of Economics and Political Science, LSE Library.
    5. Heller-Sahlgren, Gabriel, 2017. "Retirement blues," Journal of Health Economics, Elsevier, vol. 54(C), pages 66-78.
    6. Alois Guger & Silvia Rocha-Akis, 2016. "Umverteilung durch den Staat in Österreich," WIFO Monatsberichte (monthly reports), WIFO, vol. 89(5), pages 329-345, May.
    7. Marijana Badun, 2017. "Determinants of disability pensions in Croatia: the role of institutions," Public Sector Economics, Institute of Public Finance, vol. 41(1), pages 109-128.
    8. Christine Mayrhuber & Ulrike Huemer & Thomas Horvath & Stefan Schiman-Vukan, 2016. "Makroökonomische Effekte einer früheren Anhebung des gesetzlichen Pensionsalters für Frauen in Österreich," WIFO Studies, WIFO, number 58803.
    9. Marianna Virtanen & Tuula Oksanen & G David Batty & Leena Ala-Mursula & Paula Salo & Marko Elovainio & Jaana Pentti & Katinka Lybäck & Jussi Vahtera & Mika Kivimäki, 2014. "Extending Employment beyond the Pensionable Age: A Cohort Study of the Influence of Chronic Diseases, Health Risk Factors, and Working Conditions," PLOS ONE, Public Library of Science, vol. 9(2), pages 1-8, February.
    10. Ulrike Famira-Mühlberger & Ulrike Huemer & Christine Mayrhuber, 2015. "Die Beschäftigungsquote Älterer im europäischen Vergleich," WIFO Studies, WIFO, number 58532.
    11. Alan Barrett & Irene Mosca, 2013. "Increasing the State Pension Age, the Recession and Expected Retirement Ages," The Economic and Social Review, Economic and Social Studies, vol. 44(4), pages 447-472.
    12. Struffolino, Emanuela & Zaccaria, Daniele, 2020. "Did You Realize your Preferences for Early Retirement? Insights on the Agency-Within-Structure Mechanism across Welfare Regimes," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 34(1), pages 33-58.
    13. Ulrike Huemer & Kristina Budimir & Rainer Eppel, 2010. "Soziale Sicherungssysteme und Arbeitsmarktperformanz in der EU. Mikroökonometrische Analyse," WIFO Studies, WIFO, number 41154.
    14. Ulrike Famira-Mühlberger & Ulrike Huemer & Christine Mayrhuber, 2015. "Der Einfluss der sozialen Sicherungssysteme auf die Beschäftigungsquote Älterer in traditionellen Wohlfahrtsstaaten," WIFO Working Papers 499, WIFO.

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    More about this item

    Keywords

    Aging; employment; retirement; health; disability; social security institutions; SHARE;
    All these keywords.

    JEL classification:

    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access

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