Number 5: Structural ageing, labour market adjustment and the tax/transfer system

This paper is a revised version of 'Older workers, disability and early retirement in Australia' presented at the FaCS/ANU joint conference 'Income support, labour markets and behaviour: a research agenda' held in Canberra in November 1998.

This paper raises the issues of population ageing and fiscal sustainability, the early retirement phenomenon and social security receipt among older retired people. It examines government policy initiatives introduced to reduce early retirement incentives and provides some alternative policy responses as a basis for further work and public discussion.

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