Note on the Myth that Older Workers Delaying Retirement Creates Unemployment for the Young

6 Pages Posted: 22 Sep 2015

See all articles by Axel H. Börsch-Supan

Axel H. Börsch-Supan

Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)

Date Written: October 1, 2014

Abstract

A common concern when raising the retirement age is that the delayed retirement of older workers will crowd out younger workers from the labour market causing an increase in youth unemployment. This note shows that there is little empirical evidence to support this concern. Rather, the opposite is more likely to be true and older workers delaying their retirement may actually improve the employment opportunities for the young.

Suggested Citation

Börsch-Supan, Axel H., Note on the Myth that Older Workers Delaying Retirement Creates Unemployment for the Young (October 1, 2014). Max Planck Institute for Social Law and Social Policy Discussion Paper No. 24-2014. Available at SSRN: https://ssrn.com/abstract=2663934 or http://dx.doi.org/10.2139/ssrn.2663934

Axel H. Börsch-Supan (Contact Author)

Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) ( email )

Amalienstrasse 33
Munich, 80799
Germany

HOME PAGE: http://www.mea.mpisoc.mpg.de

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