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surprisingly modest when translated into the implied effect on average retirement ages: an increase in statutory pension ages by … one year is typically estimated to increase the average effective retirement age by only about two months. …
Persistent link: https://www.econbiz.de/10012304415
educational attainment. About 1 percentage point is attributable to changes in statutory retirement ages, although part of the … reason these effects are not larger is that in most countries, statutory retirement ages have not kept pace with life … retirement pathways through unemployment or disability schemes has been a major factor in the turnaround in the participation …
Persistent link: https://www.econbiz.de/10012111057
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 order to face the aging of their populations governments of developed countries reformed their retirement systems … during the last two decades, by discouraging early retirement and increasing incentives to work for older workers. Senior … reaction to retirement incentives set by governments. This paper highlights how disutility to work can influence the …
Persistent link: https://www.econbiz.de/10009229707
to estimate the impact of increasing the state pension age from 60 to 61 on the employment of women and their partners … cohorts born at different times. We find that women's employment rates at age 60 increased by 7.3 percentage points when the … employment rates of the male partners also increased by 4.2 percentage points. The magnitude of these effects, and the results …
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 …, which allows us to study the impact on employment over the period when the female state pension age rose to age 62. Using … the same difference-in-differences methodology as before, we find that women's employment rates at ages 60 to 61 were …
Persistent link: https://www.econbiz.de/10010385004
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Two pension reforms in Austria increased the early retirement age from 60 to 62 for men and from 55 to 58.25 for women …. The reforms reduced early retirement by 18.9 percentage points among affected men aged 60-62 and by 22.3 percentage points … among affected women aged 55-58.25. The associated increase in employment was merely 6.8 percentage points among men and 10 …
Persistent link: https://www.econbiz.de/10009742597