Financial Incentives and the Timing of Retirement: Evidence from Switzerland

We use reforms in the Swiss public retirement system to identify the responsiveness of retirement timing to financial incentives. A permanent reduction of retirement benefits by 3.4 percent induces more than 70 percent of females to postpone their retirement. The responsiveness of male workers, who undergo a different treatment, is lower.

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Year of publication:	2006-12
Authors:	Hanel, Barbara ; Riphahn, Regina
Institutions:	Wirtschafts- und Sozialwissenschaftliche Fakultät, Friedrich-Alexander-Universität Erlangen-Nürnberg
Subject:	retirement insurance \| incentives \| social security \| labor force exit \| natural experiment \| Switzerland

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 009 9 pages
Classification:	J26 - Retirement; Retirement Policies ; H55 - Social Security and Public Pensions ; J14 - Economics of the Elderly
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005697847