000 01606nab a2200253 c 4500
999 _c148745
_d148745
003 ES-MaIEF
005 20240115124838.0
007 ta
008 240115t2023 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 _959817
_aBi, Huixin
245 0 _aPublic pension reforms and retirement decisions
_bnarrative evidence and aggregate implications
_c Huixin Bi and Sarah Zubairy
500 _aResumen.
504 _aBibliografía.
520 _aWe construct a database of public pension policy changes with motivation and implementation information for ten OECD countries. Structural pension reforms, motivated by long-run sustainability concerns, often come with prolonged phase-in periods. In response to pension retrenchments implemented immediately, people close to retirement stay in the workforce longer. News about future pension retrenchments with implementation lags, however, is likely to lead this group to exit the labor market. This decline in the labor force participation rate is particularly strong for reforms with long lags, ones that introduce fundamental policy changes, and ones where citizens have lower trust in the government.
650 _aPENSIONES
_948000
650 _aPENSIONES DE JUBILACION
_911220
650 _aEMPLEO
_943494
650 4 _aEDAD DE JUBILACION
_943203
650 4 _aORGANIZACION DE COOPERACION Y DESARROLLO ECONOMICO
_947856
700 _961560
_aZubairy, Sarah
773 0 _9170922
_oOP 2135/2023/4
_tAmerican Economic Journal : Economic Policy
_w(IEF)134825
_x 1945-7731
_g v. 15, n. 4, November 2023, p. 142-182
942 _cART