Showing 1 - 10 of 98
Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the … spouse, disability, and a move to a nursing home, may affect the mental health status of the individual. For example, the … behaviour, health status, and major life events, over time. To deal with endogenous aspects of these events we apply fixed …
Persistent link: https://www.econbiz.de/10005666455
Private pension provision faces the challenging task of providing stable income streams during retirement. The … illiquid capital, complementing public retirement provision, reducing the interest-rate sensitivity of pensions and smoothing …
Persistent link: https://www.econbiz.de/10011252616
This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers …. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 … empirical analysis suggest that this policy change reduced retirement by 19 percentage points among affected men and by 25 …
Persistent link: https://www.econbiz.de/10009275966
We estimate the causal effect of early retirement on mortality for blue-collar workers. To overcome the problem of … any adverse effect early retirement onmortality for females. Death causes indicate a significantly higher incidence of … cardiovascular disorders among eligible workers, suggesting that changes in health-related behavior explain increased mortality among …
Persistent link: https://www.econbiz.de/10008677238
When entering retirement most people face the decision whether they would like their defined contribution account …
Persistent link: https://www.econbiz.de/10011165648
combine high-quality survey and administrative data. Our results suggest that partial or gradual retirement options offered by …
Persistent link: https://www.econbiz.de/10011084617
The retirement decisions of spouses may be interdependent for various reasons: similarity of tastes, joint assets … studies exist on this topic. From a policy point of view interdependent retirement could become important if legislators in … different EC countries are forced to synchronize minimum retirement ages, which are lower now for females than males in a number …
Persistent link: https://www.econbiz.de/10005123559
on the key distinction between those in forced early retirement and those who retire early by individual choice. We start … by estimating a retirement probit model for older workers in Belgium. Based on these estimates, we then perform micro … respect to the time of retirement. We explore two scenarios, one where the entire population is subjected to the actuarial …
Persistent link: https://www.econbiz.de/10005123962
This paper discusses the specificities of the labor market for older workers. It discusses the implications of those specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment benefits indexed backwards and hiring costs are...
Persistent link: https://www.econbiz.de/10008506842
social welfare. Benefits depend on retirement age and on the (reported) health status. We determine first- and second …This paper studies the design of retirement and disability policies. It illustrates the often observed exit from the …-best optimal benefit levels and retirement ages and focus on the distortions which may be induced in the individuals’ retirement …
Persistent link: https://www.econbiz.de/10005123923