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This paper investigates the retirement patterns of married couples in Belgium. To forecast retirement behavior, we use …'s structural design affect both partners' retirement decisions. We simulate the effect of the elimination of the spousal bonus and … find that a small portion of women delay their retirement whereas the rest substitute into alternative social security …
Persistent link: https://www.econbiz.de/10014366803
Persistent link: https://www.econbiz.de/10013486225
We study retirement incentives with augmented option value model à la Stock and Wise (1990). We propose methodological … modelling of couples' incentives leads to very different patterns of retirement incentives - particularly for women. We apply … the new indicators to data from the Survey of Health, Ageing and retirement in Europe (SHARE) in Belgium and find two key …
Persistent link: https://www.econbiz.de/10011543602
reforms for a fixed retirement age distribution. The behavioral effect accounts for the endogenous change caused by changes in …
Persistent link: https://www.econbiz.de/10014462141
To determine how wives' and husbands' retirement options affect their spouses' (and their own) labour supply decisions …, we exploit (early) retirement cutoffs by way of a regression discontinuity design. Several German pension reforms since … the early 1990s have gradually raised women's retirement age from 60 to 65, but also increased ages for several early …
Persistent link: https://www.econbiz.de/10014249436
security systems on retirement behavior. In addition to measures of financial incentives induced by the social security systems … early retirement schemes. We find that financial incentives do not have a lot of explanatory power for the probability to … retire. In contrast, being eligible for early retirement substantially increases the chances for an individual to exit the …
Persistent link: https://www.econbiz.de/10013054782
We investigate the responsiveness of individual retirement decisions to changes in financial incentives. A reform … increased women's normal retirement age (NRA) in two steps from age 62 to age 63 first and then to age 64. At the same time … retirement at the previous NRA became possible at a benefit discount. Since the reform affected specific birth cohorts we can …
Persistent link: https://www.econbiz.de/10009535096
We investigate whether a cut in unemployment benefit payout periods affected older workers' labor market transitions … unemployed declined after the reform. These patterns suggest that the reform of unemployment benefits may be one of the reasons …
Persistent link: https://www.econbiz.de/10011644670
We investigate whether a cut in unemployment benefit payout periods affected older workers' labor market transitions … unemployed declined after the reform. These patterns suggest that the reform of unemployment benefits may be one of the reasons …
Persistent link: https://www.econbiz.de/10011947714
We investigate whether a cut in unemployment benefit payout periods affected older workers' labor market transitions … unemployed declined after the reform. These patterns suggest that the reform of unemployment benefits may be one of the reasons …
Persistent link: https://www.econbiz.de/10011929632