#2573. Pension incentives and labor supply: Evidence from the introduction of universal old-age assistance in the UK
December 2026 | publication date |
Proposal available till | 30-05-2025 |
5 total number of authors per manuscript | 4030 $ |
The title of the journal is available only for the authors who have already paid for |
|
|
Journal’s subject area: |
Finance;
Economics and Econometrics; |
Places in the authors’ list:
1 place - free (for sale)
2 place - free (for sale)
3 place - free (for sale)
4 place - free (for sale)
5 place - free (for sale)
Abstract:
The article examined the impact on the labor supply of the Old Age Pension Act (OPA) of 1908, which introduced pensions to the elderly in the UK for the first time. The results show a significant and dramatic decline in labor force participation of 6.0 percentage points (13%) when older workers reach the age of 70.
Keywords:
Labor Supply; Old-Age Assistance; Regression Discontinuity Design; Retirement
Contacts :