Over the past two decades, many countries have reformed their public pension systems in pursuit of desirable fiscal effects, often by introducing or strengthening incentives for later retirement. However, the welfare effects of such interventions are still poorly understood. Jonas Kolsrud, Camille Landais, Daniel Reck and Johannes Spinnewijn explain why policymakers should consider not only the fiscal benefits of incentivising later retirement, but also the redistributive costs.

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22 March 2022

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VoxEU

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https://voxeu.org/article/hidden-costs-incentivising-later-retirement

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