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Existing studies show that individuals who retire replace some private consumption by home production, but do not consider joint behaviour of couples. Here we analyze the causal effect of retirement of each partner on hours of home production of both partners in a couple. Our identification...
Persistent link: https://www.econbiz.de/10009403379
the income and substitution effects of pensions as a function of the retirement age are substantial and larger than …
Persistent link: https://www.econbiz.de/10008555358
This paper investigates the impact of financial incentives on early retirement behaviour for high and low wage earners. Using a stylized life-cycle model, we derive hypotheses on the behaviour of the two types. We use administrative data and employ a linear random effects model to test the...
Persistent link: https://www.econbiz.de/10010959542
In the scant literature on partners' joint retirement decisions one of the explanations for joint retirement is externalities in leisure. In this study, we investigate how retirement affects the hours of leisure together of individuals in a couple. Exploiting the law on retirement age in France,...
Persistent link: https://www.econbiz.de/10010884286
We study the causal relation between private wealth and retirement age. We propose two estimation strategies based on expected retirement age. The outcome variable is observed repeatedly over time. We correct first for the unobserved heterogeneity in the disutility of work by using panel data...
Persistent link: https://www.econbiz.de/10008742956
In the early 1990s, the Dutch social partners agreed upon transforming the generous and actuarially unfair PAYG early retirement schemes into less generous and actuarially fair capital funded schemes. The starting dates of the transitional arrangements varied by industry sector. In this study,...
Persistent link: https://www.econbiz.de/10005822332
Early retirement schemes and disability insurance in the Netherlands have both been reformed during the past decades. The reforms have increased incentives to continue working and have decreased the substitution between early retirement and disability. This study investigates the impact of the...
Persistent link: https://www.econbiz.de/10009144848
In this study, we investigate the anatomy of older workers' wages. The central question is whether the wage cushion – i.e., the difference between actual wages and collectively agreed-upon (maximum) contractual wages – contributes to the fact that wages continue increasing at older ages. We...
Persistent link: https://www.econbiz.de/10010959584
A positive relationship between socio-economic status (SES) and health, the so-called "health-wealth gradient", is repeatedly found in most industrialized countries with similar levels of health care technology and economic welfare. This study analyzes causality from health to wealth (health...
Persistent link: https://www.econbiz.de/10005763570
occupational pensions, the two main pillars of the Dutch pension system. Since the summer of 2006, monthly survey data were … collected on the expectations of Dutch households concerning purchasing power of occupational pensions, eligibility and …
Persistent link: https://www.econbiz.de/10009149145