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Private pension provision faces the challenging task of providing stable income streams during retirement. The challenge has increased markedly in the last decades due to volatile financial markets, falling interest rates and the withdrawal of employers and external insurers as risk bearers of...
Persistent link: https://www.econbiz.de/10011252616
cardiovascular disorders among eligible workers, suggesting that changes in health-related behavior explain increased mortality among …
Persistent link: https://www.econbiz.de/10008677238
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 to 57.2 for women. Using administrative data on the...
Persistent link: https://www.econbiz.de/10009275966
When entering retirement most people face the decision whether they would like their defined contribution account balance paid as a lump sum or to annuitize the amount. The fact that people tend to choose the lump sum even if economic reasons suggest not to is called the annuity puzzle. In a...
Persistent link: https://www.econbiz.de/10011165648
We use data from the 24-hours Belluno run which has the unique characteristic that participants are affiliated with teams and run for an hour. This allows us not only to study the individual relationship between age and performance but also to study group dynamics in terms of accessions to and...
Persistent link: https://www.econbiz.de/10011083960
groups. Additionally, our analysis allows us to provide an answer to the old question of how health protecting are education …, wealth and marital status. To do so, we decompose the longevity differentials into differences in health at age 50 …, differences in the evolution of health with age, and differences in mortality conditional on health. Remarkably, the latter is the …
Persistent link: https://www.econbiz.de/10011084175
In this paper, we assess the impact of firms introducing part-time work schemes for gradual labour market exit of elderly workers on their employees’ labour market outcomes. The analysis is based on unique linked employer-employee data that combine high-quality survey and administrative data....
Persistent link: https://www.econbiz.de/10011084617
insurance and saving amounts. Agents differ in income, probability of becoming dependent and of receiving family help. Social … agents determines whether they prefer social or private insurance. Family support crowds out the demand for both social and …, especially, private insurance, as strong prospects of family help drive the demand for private insurance to zero. The …
Persistent link: https://www.econbiz.de/10011083512
The European ageing process will lead to a dramatic rise in dependency ratios over the next decades. At the same time labour mobility will increase as a result of greater European economic integration. We analyse the implications of migration and ageing for European social security systems. With...
Persistent link: https://www.econbiz.de/10005791913
This paper studies the impact of a selective extension of unemployment benefit duration on the incidence of unemployment in Austria. As the new law applies only to elderly workers in certain regions of the country after June 1988, a quasi-experimental situation is created. Unemployment entry is...
Persistent link: https://www.econbiz.de/10005791939