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首页> 外文期刊>Journal of pension economics and finance >Employment and substitution effects of raising the statutory retirement age in France
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Employment and substitution effects of raising the statutory retirement age in France

机译：提高法国法定退休年龄的就业和替代效应

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摘要

Increasing the minimum retirement age is a widespread option chosen by policy makers to reduce spending in financially constrained public pension systems. Yet, the effectiveness of such a reform strongly depends on the ability of individuals to postpone their withdrawal from the labor force. In this paper, we study the immediate impact of the 2010 reform of the French pension system by carrying out a short-term evaluation on the increase of the statutory eligibility age from 60 to 61. We use a differences-in-differences methodology, comparing the trajectories from work to retirement for succeeding generations facing a different statutory age. Using a detailed social security administrative database, we provide a global assessment of the effects of the reform, accounting for the potential substitution effects from old-age insurance toward unemployment, sickness or disability insurance schemes. Our findings suggest that despite a sizable effect on the employment rate, the reform also strongly increased unemployment and disability rates.
机译：增加最低退休年龄是由决策者选择的广泛选择，以减少在经济限制的公共养老金系统中的支出。然而，这种改革的有效性强烈取决于个人推迟劳动力撤回的能力。在本文中，我们研究了2010年度法国养老金制度改革的立即影响，通过对60至61增加的法定资格年龄的增加进行短期评估。我们使用差异差异的方法，比较从努力退役的轨迹面临着不同的法定年龄的后代。使用详细的社会保障行政数据库，我们对改革效果的全球评估，核算养老保险对失业，疾病或残疾保险计划的潜在替代效应。我们的研究结果表明，尽管对就业率相当大，但改革也强烈增加了失业和残疾率。

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