1. The Role of Institutions in European Patterns of Work and Retirement
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008
The Role of Institutions in European Patterns of Work and Retirement
Axel Börsch-Supan, Mannheim
Agar Brugiavini and Enrica Croda, Venice

2. Underused capacity, health and retirement institutions
Austria: 55% of „functioning“ individuals age do not work, Italy 48, Belgium 45%
Switzerland 18%, Sweden 21%
Health plays a role
Eliminating „poor“ health increases labor force participation by 13 months (men)/16 months (women)
Retirement institutions play a role
Disability insurance: cross-national variation cannot be explained by health differences across countries
Early retirement provisions often very generous
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008

3. 1. Underused capacity, health and retirement institutions
Self-reported economic activity by age
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008

4. Underused capacity, health and retirement institutions
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008

5. Underused capacity, health and retirement institutions
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008

6. 2. Underused capacity, health and retirement institutions
Transitions in self-reported economic activity by change in health status:
based on 5313 individuals in SHARE waves 2004 and 2006
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008

7. Underused capacity, health and retirement institutions
Economic activity of self-reported healthy individuals
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008

8. Underused capacity, health and retirement institutions
Share of individuals in disability
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008

9. Underused capacity, health and retirement institutions
No disability pension
Receives disability pension
Excellent very good good fair poor kilogramm
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008

10. Underused capacity, health and retirement institutions
Changes in grip strength and disability insurance entry/exit
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008

11. 3. Underused capacity, health and retirement institutions
Reasons for retirement
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008

12. Underused capacity, health and retirement institutions
Formal analysis: Determinants of cross-national variation in early retirement
R2 = 85%
Index of early retirement incentives (0 – 10)
Source: Gruber and Wise
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008

13. Underused capacity, health and retirement institutions
Formal Analysis: Determinants of cross-national variation in disability insurance enrolment
Source: SHARE 2006
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008

14. 4. Underused capacity, health and retirement institutions
The joys of retirement: „Is retirement a relief or a concern?“
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008

15. - Time to rethink our retirement institutions! - Thank you!
Wave 2 Data Release and Workshop on First Results Brussels, November 28, 2008
- Time to rethink our retirement institutions! - Thank you!
Axel Börsch-Supan, Mannheim
Agar Brugiavini and Enrica Croda, Venice