TY - T1 - Race for Retirement SN - / UR - http://hdl.handle.net/10138/10789 T3 - A1 - Hakola, Tuulia A2 - PB - Y1 - 1999 LA - en AB - The pension system forms a highly significant part of the whole social welfare system. The impact of the pension system is not limited to the financial aspects, but, for example, labour markets, savings, capital accumulation and income distribution can be affected. This study considers the effects of the pension system on the labour supply of the elderly. As the Finnish pension system is mainly a Pay-As-You-Go system, the concurrent change in the demographic structure, compounded by increased... VO - IS - SP - OP - KW - random effects probit; modeling; retirement; eläkejärjestelmä - taloudelliset vaikutukset; eläkkeelle siirtyminen - vaikutukset - työmarkkinat N1 - PP - ER -