NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Silvia Garcia-Mandicó

Department of Applied Economics
Erasmus School of Economics
PO Box 1738
3000 DR Rotterdam
The Netherlands

E-Mail: garciamandico@ese.eur.nl
Institutional Affiliation: Erasmus University Rotterdam

NBER Working Papers and Publications

December 2018Trends in Employment and Social Security Incentives in the Spanish Pension System: 1980-2016
with Pilar García-Gómez, Sergi Jimenez-Martin, Judit Vall Castelló: w25367
In this paper, we analyze the association between financial incentives and retirement decisions using aggregate data for over four decades in Spain. We calculate an implicit tax rate on remaining in employment for an additional year and examine its correlation with employment rates for older workers. The results suggest that financial incentives play a role in explaining the retirement patterns of both employed and unemployed workers.
Trends in Employment and Social Security Incentives in the Spanish Pension System: 1980–2016
with Pilar García-Gómez, Sergi Jiménez-Martín, Judit Vall-Castelló
in Social Security Programs and Retirement around the World: Reforms and Retirement Incentives, Axel Börsch-Supan and Courtney Coile, editors
 
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