Type
Working paper
Titre
Life expectancy, heavy work and the return to education: lessons for the social security reform
Dans
Document de travail de l'OFCE
Auteur(s)
LE GARREC Gilles - Observatoire français des conjonctures économiques (Auteur)
LHUISSIER Stéphane - Centre de recherche de la Banque de France (Auteur)
Éditeur
OFCE
Collection
Document de travail de l'OFCE : 2011-18
Mots clés
social security, human capital, inequality
Résumé
EN
In most industrial countries, while the calculation of pension bene…ts 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 speci…city: 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 expectancy loss on the schooling decision. We then study macroeconomic and distributional consequences of global gain in life expectancy associated with di¤erent social security reforms, focusing particularly on spillover e¤ects possibly generated by education.

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