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• W159053880 abstract "A much higher old-age dependency ratio, together with more generous pension benefits, will lead to a substantial increase in the future public pension expenditures burden in Norway. A pension reform implemented from 2010 will imply a shift to a quasi-actuarial system, seeking to neutralise the expenditure effect of further growth in life expectancy and strengthen ties between former earnings and pension benefits. Labour supply will be stimulated by lowering implicit tax rates and by aligning the social and private costs of early retirement. Using a large dynamic microsimulation model we find that the reform will stimulate labour supply and reduce the future tax burden, but also increase inequality in the benefits received by old age pensioners." @default.
• W159053880 created "2016-06-24" @default.
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• W159053880 creator A5067308660 @default.
• W159053880 date "2007-12-01" @default.
• W159053880 modified "2023-09-27" @default.
• W159053880 title "Pension reform in Norway : microsimulating effects on government expenditures, labour supply incentives and benefit distribution" @default.
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