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Persistent link: https://www.econbiz.de/10011718697
entering the retirement age. The forecast is based on the assumptions referring to the demographic, social and economic …
Persistent link: https://www.econbiz.de/10011008148
We study the effects of an annuity market imperfection on individual agents' life-cycle decisions and on the macroeconomic growth rate in an overlapping generations model with single-sector endogenous growth. Our model features both age-dependent mortality and labour productivity. We model...
Persistent link: https://www.econbiz.de/10010871052
and pension sizes at the political equilibrium, by first assuming a constant retirement age. Other theoretical works are … discussed that are mainly concerned with endogenizing the retirement age choices and exploring the opportunity to transition to …
Persistent link: https://www.econbiz.de/10014023475
Persistent link: https://www.econbiz.de/10008925997
standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the … minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …-income workers to retire as soon as they become eligible for the program, which is often earlier than the normal retirement age. …
Persistent link: https://www.econbiz.de/10011420305
In 1995, the UK government legislated to increase the earliest age at which women could claim a state pension from 60 to 65 between April 2010 and March 2020. This paper uses data from the first two years of this change coming into effect to estimate the impact of increasing the state pension...
Persistent link: https://www.econbiz.de/10009713947
In a previous study we examined the impact on employment of increasing the state pension age for women from age 60 to 61 (Cribb, Emmerson and Tetlow, 2013). This short paper incorporates more recent data, now available up to March 2014, which allows us to study the impact on employment over the...
Persistent link: https://www.econbiz.de/10010385004
Persistent link: https://www.econbiz.de/10012485505
This paper develops and estimates a dynamic model of individuals' and couples' labor supply, savings, and retirement … increasing women's retirement age to be equal to men's …
Persistent link: https://www.econbiz.de/10012297945