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How does the retirement age affect the physical and mental health of seniors? We identify this effect based on the 1993 … potential influence of health on employment choices, we show that retirement improves physical and social health. The more … pension and the number of reference earning years taken to calculate pensions. We use a unique database on health and …
Persistent link: https://www.econbiz.de/10010738995
In 1982, the French socialist government lead by Pierre Mauroy reduced the legal age of retirement for both men and … the Thomas Act that introduced retirement savings plan, but the law was never enforced because of the political change in …
Persistent link: https://www.econbiz.de/10008792028
for a job. This is because of the short time-horizon of workers close to retirement. We propose to introduce a pension tax … pension tax allows those workers near retirement who still do not exercise job search to smooth their consumption during their …
Persistent link: https://www.econbiz.de/10009647516
Earlier studies conclude that spouses time their retirement closely together. Here, we exploit early retirement age … legislation to identify the effect of own and spousal retirement on spouses' hours of work. The sample for the analysis includes … over 85000 French couples. We conclude that hours of work fall significantly upon own and partner's retirement, for both …
Persistent link: https://www.econbiz.de/10010635101
for a job. This is because of the short time-horizon of workers close to retirement. We propose to introduce a pension tax … pension tax allows those workers near retirement who still do not exercise job search to smooth their consumption during their …
Persistent link: https://www.econbiz.de/10010899974
-free. Second, the short job duration before retirement implies that the budgetary return and search incentives associated with the …. Finally, even in the special case where search intensity is zero close to retirement, perfect risk-sharing across unemployment … and retirement is welfare-improving thanks to the pension tax …
Persistent link: https://www.econbiz.de/10010821519
the retirement decision in an economy with risky lifetime, and compare the laissez-faire with egalitarian social optima … retirement age, unlike the ex ante egalitarian optimum. This result is robust to the introduction of unequal life expectancies … and unequal productivities. Hence, the postponement of the retirement age can, quite surprisingly, be defended on …
Persistent link: https://www.econbiz.de/10010738814
work relative to retirement. We here use two European panel datasets to first show that psychological well-being (measured …
Persistent link: https://www.econbiz.de/10010738821
adults work some fraction of the old-age, whatever the retirement age is fixed or chosen by the agents. …
Persistent link: https://www.econbiz.de/10010738987
We use a US Social Security reform as a quasi-experiment to provide evidence on framing effects in retirement behavior …. The reform increased the full retirement age (FRA) from 65 to 66 in two month increments per year of birth for cohorts … with the FRA. Results on self-reported retirement and exit from employment are less clear-cut, but go in the same direction …
Persistent link: https://www.econbiz.de/10010739135