Pension benefits, GDP and labor market variables of 20 OECD countries from 1980 to 2022

Description This dataset contains harmonised panel data used to analyse the relationship between public pension spending, pension replacement rates, and GDP per capita in 20 OECD countries from 1971 to 2022. The data combine and transform information from the OECD Social Expenditure Database (SOCX), OECD National Accounts, IMF government debt statistics, and the Comparative Welfare Entitlements Dataset (CWED).The dataset is designed to replicate all descriptive analyses and econometric results reported in the associated article submitted to peer-review. Data sources OECD Database – public pension spending IMF Historical Government Finance Statistics – general government debt Comparative Welfare Entitlements Dataset (CWED) – pension replacement rates Unit of observation Country–year Geographic coverage Australia, Austria, Belgium, Canada, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Japan, Netherlands, Norway, New Zealand, Portugal, Sweden, United States. Time coverage 1971–2022 (variable-specific availability; replacement rates available until 2011) Key variables (summary) Public pension spending:Pension expenditure in national currency at constant prices, and per capita aged 65+. Pension generosity:Minimum and standard replacement rates for single households, public/mandatory first pillar only. Economic variables:GDP and GDP per capita in national currency, constant prices (chain-linked volumes). Demographic and labour-market variables:Old-age dependency ratio, labour productivity, labour utilisation, labour participation. Institutional variables:Private pension spending share, second-pillar financing structure. A full variable dictionary is included in the cvs file "variable list and description"