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Progressive Pensions as an Incentive for Labor Force Participation
Fabian Kindermann and Veronika Pueschel, via SSRN Sept. 27, 2021 "[The authors] show that a well-designed reform of the pension system has the potential to encourage labor force participation. [They] propose a progressive pension component linked to the employment decision of households, which implicitly subsidizes employment of the productivity poor.... [Their analysis] indicates that this positive employment effect can be sizable and welfare enhancing." |
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