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retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long …
Persistent link: https://www.econbiz.de/10009224868
In several OECD countries age-targeted wage subsidies have been introduced to increase the employment of older workers … of leaving to early retirement. The wage is not affected. …
Persistent link: https://www.econbiz.de/10011257679
Despite the widespread provision of retiree health insurance for public sector workers, little attention has been paid … to its effects on employee retirement. This is in contrast to the large literature on health-insurance-induced “job … administrative data on their retirement to identify the effects of retiree health insurance. As expected, the availability of retiree …
Persistent link: https://www.econbiz.de/10010877641
for consumption and the hours of time supplied to the labour market, they also choose their schooling level and retirement …
Persistent link: https://www.econbiz.de/10010877922
We study the effects of an annuity market imperfection on individual agents’ labour supply and retirement decisions and …
Persistent link: https://www.econbiz.de/10005013054
address this question in the context of a recent German pension reform which raised the statutory retirement age by two years … of work ability at retirement and fundamental opposition. Our results show that expected work ability declines …
Persistent link: https://www.econbiz.de/10005013952
How much retirement income is needed in order to maintain one’s living standard at old age? As it is difficult to find … replacement rate vis-à-vis income in the pre-retirement period. We subject indications regarding satisfaction with current income … the year of entry into retirement as a rather robust result, while replacement rates keeping the living standard unchanged …
Persistent link: https://www.econbiz.de/10010643338
most workers to retire well before the normal retirement age. Simulations show that pension reform must be drastic for it … to have any effects on the retirement behaviour of workers. … mortality process. Individual agents choose their optimal retirement age, taking into account the time- and age profiles of …
Persistent link: https://www.econbiz.de/10005094360
choice to a work-retirement decision model and show that the optimal provision of choice is positively related to the degree …
Persistent link: https://www.econbiz.de/10005181307
While the effect of social security systems on retirement decisions has received much attention, the impact of these … investment and retirement decisions in a simple analytical life-cycle model with full certainty and investigate how different … contributions and benefits increase human capital investment and postpone retirement. …
Persistent link: https://www.econbiz.de/10005181353