Pension burdens and labor force participation in Kazakstan

Journal Article (Journal Article)

This paper examines the pressures imposed by the vast pension system in the former Soviet republic of Kazakstan. Today, some 17% of the country receives pension payments, one of the highest rates in the world - despite the fact that Kazakstan is only now completing its demographic transition. Using a pooled regional-time series data set from pre- and post-Soviet eras, the paper also examines determinants of pension populations and the labor force participation rate. It finds that Kazakstanis in the post-Soviet era respond to price incentives both with respect to real pensions and real wage rates - in stark contrast to dramatically backward-bending labor supply curves of the Soviet era.

Full Text

Duke Authors

Cited Authors

  • Becker, CM; Urzhumova, DS

Published Date

  • November 1, 1998

Published In

Volume / Issue

  • 26 / 11

Start / End Page

  • 2087 - 2103

International Standard Serial Number (ISSN)

  • 0305-750X

Digital Object Identifier (DOI)

  • 10.1016/S0305-750X(98)00107-7

Citation Source

  • Scopus