Boeri, Tito, Garibaldi, Pietro, Moen, Espen (2016), “Increases in the retirement age and labour demand for youth”, VoxEU, 8 September
The Eurozone’s sustained rise in youth unemployment since 2008 threatens to create a ‘lost generation’. This column presents evidence that this is, in part, an unintended consequence of pension reforms in southern Europe that locked in older workers. In future, reforms that create flexible retirement ages alongside variable pension levels could minimize the impact on youth unemployment without increasing the state’s long-term pension liabilities.
Relevant Posts
- Tinios, Platon, (2016), “Greek pension reform once again: Explaining its logic and issues”, Briefing Note, LSE, 15 January
- OECD, (2015), “Pensions at a Glance 2015-OECD and G20 indicators”, OECD Publishing, Paris, 1 December.