Showing 1 - 10 of 16
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
-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/10010750991
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
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/10010784116
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
The economic litterature on retirement argues that individuals in a couple tend to retire at a choice time because of … upon retiring. Exploiting the law on early retirement age in France, we use a regression discontinuity approach to identify … the causal effect of retirement on hours of leisure, separate and together, of the man and woman in a couple. We use a …
Persistent link: https://www.econbiz.de/10011025656
Earlier literature has investigated the drop in household consumption upon retirement of the head of the household, the … so-called "retirement consumption puzzle". Here, we expand on these studies by considering also retirement of the wife … approach to estimate the effect of each partner's retirement on household consumption. We use for the analysis data drawn from …
Persistent link: https://www.econbiz.de/10011025698
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/10011025914
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