The impact of early retirement reform on firms’ employment adjustment
Autor(a) principal: | |
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Data de Publicação: | 2013 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10362/9696 |
Resumo: | A Work Project, presented as part of the requirements for the Award of a Masters Degree in Economics from the NOVA – School of Business and Economics |
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The impact of early retirement reform on firms’ employment adjustmentSocial securityEarly retirementLabor forceNet job creationA Work Project, presented as part of the requirements for the Award of a Masters Degree in Economics from the NOVA – School of Business and EconomicsFacing low participation rates of old workers and an increase in life ex- pectancy, in the last two decades many developed countries have reformed their social security systems to improve their long-term financial sustainability. In Europe, the starting point for the policy maker has been the increase in the statutory retirement age and the gradual phase-out of early retirement schemes. Against the common trend, the Portuguese legislator approved in 1999 an early retirement reform, allowing older workers to exibilize their retirment decision. In this paper I analyze the e¤ects of the 1999 reform on the retirement decision of the workers and the firms' employment adjustment. I find that after the reform workers retire earlier, and that the reform resulted in a job destruction process as firms do not replace old workers with young and prime age ones. I conclude that the reform failed to stimulate young employment and by allowing workers to retire earlier posed risks to the long-term sustainability of the Portuguese social security system.NSBE - UNLPortugal, PedroRUNAlecci, Andrea2013-05-24T13:51:41Z2013-012013-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/9696enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T03:43:00Zoai:run.unl.pt:10362/9696Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:18:59.802132Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
The impact of early retirement reform on firms’ employment adjustment |
title |
The impact of early retirement reform on firms’ employment adjustment |
spellingShingle |
The impact of early retirement reform on firms’ employment adjustment Alecci, Andrea Social security Early retirement Labor force Net job creation |
title_short |
The impact of early retirement reform on firms’ employment adjustment |
title_full |
The impact of early retirement reform on firms’ employment adjustment |
title_fullStr |
The impact of early retirement reform on firms’ employment adjustment |
title_full_unstemmed |
The impact of early retirement reform on firms’ employment adjustment |
title_sort |
The impact of early retirement reform on firms’ employment adjustment |
author |
Alecci, Andrea |
author_facet |
Alecci, Andrea |
author_role |
author |
dc.contributor.none.fl_str_mv |
Portugal, Pedro RUN |
dc.contributor.author.fl_str_mv |
Alecci, Andrea |
dc.subject.por.fl_str_mv |
Social security Early retirement Labor force Net job creation |
topic |
Social security Early retirement Labor force Net job creation |
description |
A Work Project, presented as part of the requirements for the Award of a Masters Degree in Economics from the NOVA – School of Business and Economics |
publishDate |
2013 |
dc.date.none.fl_str_mv |
2013-05-24T13:51:41Z 2013-01 2013-01-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10362/9696 |
url |
http://hdl.handle.net/10362/9696 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
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info:eu-repo/semantics/openAccess |
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openAccess |
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application/pdf |
dc.publisher.none.fl_str_mv |
NSBE - UNL |
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NSBE - UNL |
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reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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