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This paper investigates the responsiveness of individuals' retirement expectations to forward-looking measures of … pension wealth accumulations. While most of the existing literature on retirement has used cross-sectional variation to … identify the effects of pension and Social Security wealth on retirement behavior, we estimate fixed-effects regressions to …
Persistent link: https://www.econbiz.de/10013217591
This paper investigates the responsiveness of individuals' retirement expectations to forward-looking measures of … pension wealth accumulations. While most of the existing literature on retirement has used cross-sectional variation to … identify the effects of pension and Social Security wealth on retirement behavior, we estimate fixed-effects regressions to …
Persistent link: https://www.econbiz.de/10012470647
While the effect of social security systems on retirement decisions has received much attention, the impact of these … systems on individuals incentives to invest in their human capital has not been analyzed. We integrate human capital … investment and retirement decisions in a simple analytical life-cycle model with full certainty and investigate how different …
Persistent link: https://www.econbiz.de/10011398074
Using Italian data, we estimate an option value model to quantify the effectof financial incentives on retirement …
Persistent link: https://www.econbiz.de/10011382043
Persistent link: https://www.econbiz.de/10001499990
Persistent link: https://www.econbiz.de/10001880115
Persistent link: https://www.econbiz.de/10001468745
The authors examine how public and private pension and health insurance systems affect retirement transitions. In many … and salary workers, and these differences are likely to cause differential retirement patterns both within and across … retirement patterns. Based on longitudinal data from the Health and Retirement Study (HRS) in the United States and the English …
Persistent link: https://www.econbiz.de/10012726183
Persistent link: https://www.econbiz.de/10011979287
the labour force in three countries: Italy, Spain and the USA. Our works stresses the importance of dynamic incentives …This paper looks at the relationship between the institutional design of the social security system and retirement from … provide enough variability in their welfare programs that can be exploited to explain differences in retirement behavior. We …
Persistent link: https://www.econbiz.de/10014088795