Showing 1 - 10 of 461
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
We designed and fielded an experimental module in the 2014 HRS which seeks to measure older persons' willingness to voluntarily defer claiming of Social Security benefits. In addition we evaluate the stated willingness of older individuals to work longer, depending on the Social Security...
Persistent link: https://www.econbiz.de/10011633953
contributions boosted in many nations. Yet our research on old-age system reforms does not require raising mandatory retirement ages … or contributions. Instead, we offer ways to enhance incentives for people to work longer and delay retirement. There are … good reasons to incentivize older people to work longer and delay retirement. These include rising longevity, the shrinking …
Persistent link: https://www.econbiz.de/10011674294
Persistent link: https://www.econbiz.de/10011607692
Persistent link: https://www.econbiz.de/10012523148
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
pensions, and Social Security profiles available at alternative retirement ages. Then we examine four specific changes in the … structure of Social Security benefits: raising the normal retirement age, delaying the cost-of-living adjustment, lowering early … retirement benefits, and increasing late retirement payments. Behavioral parameters are estimated using an ordered logit model of …
Persistent link: https://www.econbiz.de/10013242936
pensions, and Social Security profiles available at alternative retirement ages. Then we examine four specific changes in the … structure of Social Security benefits: raising the normal retirement age, delaying the cost-of-living adjustment, lowering early … retirement benefits, and increasing late retirement payments. Behavioral parameters are estimated using an ordered logit model of …
Persistent link: https://www.econbiz.de/10012477744
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