%0 Report %1 garrec2011expectancy %A Garrec, Gilles Le %A Lhuissier, Stéphane %D 2011 %K bildungsrendite education inequality life_expectancy pensions returns schooling %N 2011-18 %T Life expectancy, heavy work and return to education ; lessons for the social security reform %U http://ideas.repec.org/p/fce/doctra/1118.html %X In most industrial countries, while the calculation of pension benefits is progressive, public pension systems redistribute weakly from high to low- income earners. They are close to actuarial fairness. This statement results from the following specificity: less paid jobs are also heavier and health- damaging jobs involving losses in life expectancy. As avoiding low earnings and hard-working conditions require acquisition of skills, we study conjointly in this article the impact of social security and the work-related life ex- pectancy loss on the schooling decision. We then study macroeconomic and distributional consequences of global gain in life expectancy associated with different social security reforms, focusing particularly on spillover effects pos- sibly generated by education.

@techreport{garrec2011expectancy, abstract = {In most industrial countries, while the calculation of pension benefits is progressive, public pension systems redistribute weakly from high to low- income earners. They are close to actuarial fairness. This statement results from the following specificity: less paid jobs are also heavier and health- damaging jobs involving losses in life expectancy. As avoiding low earnings and hard-working conditions require acquisition of skills, we study conjointly in this article the impact of social security and the work-related life ex- pectancy loss on the schooling decision. We then study macroeconomic and distributional consequences of global gain in life expectancy associated with different social security reforms, focusing particularly on spillover effects pos- sibly generated by education.}, added-at = {2012-12-05T20:59:26.000+0100}, author = {Garrec, Gilles Le and Lhuissier, Stéphane}, biburl = {https://www.bibsonomy.org/bibtex/212811bbebb45dfda372082a497b8bab1/hackstutz}, institution = {Observatoire Francais des Conjonctures Economiques (OFCE)}, interhash = {f923f2bbb3611ef5b7258bc52eec72b6}, intrahash = {12811bbebb45dfda372082a497b8bab1}, keywords = {bildungsrendite education inequality life_expectancy pensions returns schooling}, month = oct, number = {2011-18}, timestamp = {2012-12-05T20:59:26.000+0100}, title = {Life expectancy, heavy work and return to education ; lessons for the social security reform}, type = {Documents de Travail de l'OFCE}, url = {http://ideas.repec.org/p/fce/doctra/1118.html}, year = 2011 }