Choosing the retirement age and the employment of seniors in France: What have past reforms taught us? Micro-economic foundations, macro-economic feedback and the assessment of reforms (notice n° 547366)
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| fixed length control field | 02176cam a2200181 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121114718.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Langot, François |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Choosing the retirement age and the employment of seniors in France: What have past reforms taught us? Micro-economic foundations, macro-economic feedback and the assessment of reforms |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2024.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 70 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | For over 30 years, reforms to the French pension system have ensured its financial sustainability in a changing demographic environment. In addition to ensuring the system’s sustainability, they have avoided prematurely excluding older people from employment. The aim of this article is to put these two results into perspective, on the basis of the pension reforms carried out in France. Firstly, raising the age for full retirement creates an initial dividend by reducing the number of pensioners and increasing the number of contributors with the new age for full entitlement, thereby reducing pension fund deficits for the first time. Secondly, raising the retirement age “causes” an increase in the employment of older people before they reach full retirement age, and therefore increases the number of contributors, which then generates a second dividend for the pension funds and for the economy as a whole. To raise the effective retirement age, we have shown that incentives such as premiums are a powerful tool for voluntarily raising the retirement age, rather than imposing this by raising the statutory retirement age. The positive effects of raising the retirement age on the employment of older people are tentative, because they are based on the absence of measures that would break up the anticipation of a lengthening of the working life of older people, such as the various specific measures that help to prevent non-employment at the end of the life cycle. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Retirement |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Employment of older people |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Revue de l'OFCE | o 184 | 1 | 2024-07-26 | p. 101-155 | 1265-9576 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-de-l-ofce-2024-1-page-101?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-de-l-ofce-2024-1-page-101?lang=en&redirect-ssocas=7080</a> |
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