
Authors  Approach/Country  Indicator  Summary of results 

Hviding and Mérette [10]  CGE model/7 OECD countries  GDP per capita  4year increase in retirement age: increase of 7% by 2050 for Canada and 5.7% in the US 
Herbertson and Orszag [9]  Accounting/OECD  GDP  In 1998, 6.3% increase on average in OECD 
Rowe and Nguyen [13]  Microsimulation model (Lifepaths)/Canada  Forgone earnings  Retirement is delayed to age 65: $72,000/household with normal job loss probability 
Verma and Rix [14]  Macroeconometric model of US  GDP  LF part. rate of 65+ returns to 1950: 10% increase by 2029 
Policy Research Initiative [15]  Microsimulation model (Lifepaths)/Canada  Avg. annual hours per person  3year extension of working life: 6% increase in hours by 2025 
Fougère et al. [11]  CGE model/ Canada  GDP per capita  1year permanent increase in effective age of retirement: 3.2% increase in GDP per capita by 2050 
Barrell et al. [12]  Macroeconometric model (NiGEM)/UK  GDP  1year permanent increase in effective age of retirement: 1% increase in GDP after 6 years 
