The role of institutions in European patterns of work and retirement

Axel Boersch-Supan, University of Mannheim
Agar Brugiavini, Università Ca' Foscari Venezia
Enrica Croda, Università Ca' Foscari Venezia

This paper uses the Survey of Health, Ageing and Retirement in Europe (SHARE) to investigate the role of pension and social security institutions in shaping the European patterns of work and retirement. We provide evidence on the extent of “unused capacity” in labor force, on pathways to retirement and on the relationship between actual health status and disability take up. We find that institutional differences between countries explain much of the cross-national differences in work and retirement, while differences in health and demographics play only a minor role.