Early Retirement Provisions and the Labor Force Behavior of Older Men: Evidence from Canada
利用加拿大两项公共养老金计划引入提前退休条款的时机，评估了养老金参数对老年男性劳动力供给的影响，发现改革增加了养老金领取但未立即改变劳动市场行为。
We examine the (sequential) introduction of early retirement provisions to Canada's two public pension plans. These reforms provide a unique opportunity to assess the effect of public pension plan parameters on labor supply behavior, free of the biases that potentially affect the simple time-series or cross-section inference presented in many previous studies. We find that the reforms led to an increase in pension receipt but had little immediate effect on labor market behavior. This is due to the fact that men who initially took advantage of the early retirement provisions would otherwise have had limited labor market participation. Copyright 1999 by University of Chicago Press.