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Incentive effects of pension systems are usually estimated under the assumption that the institutional environment provides a single optimal 'pathway' for retirement. However, many countries provide competing pathways which may include several early retirement options in addition to normal...
Persistent link: https://www.econbiz.de/10012471445
incentives to retire early. The correlation between the force of these incentives with old age labor force participation is …
Persistent link: https://www.econbiz.de/10012472033
How do parents contend with threats to the health and survival of their children? Can the social safety net mitigate negative economic effects through transfers to affected families? We study these questions by combining the universe of cancer diagnoses among Danish children with register data...
Persistent link: https://www.econbiz.de/10014287378
End-stage renal disease (ESRD), or kidney failure, is a debilitating, costly, and increasingly common medical condition … results from a comparative review of 12 countries with alternative models of incentives and benefits, collected under the … differences in costs and outcomes do not seem strongly linked to differences in incentives embedded in national programs …
Persistent link: https://www.econbiz.de/10012465529
financial incentives in attracting a larger and more qualified pool of applicants, (ii) the elasticity of the labor supply …
Persistent link: https://www.econbiz.de/10012460505
We consider multi-agent multi-firm contracting when agents benchmark their wages to a weighted average of their peers, where weights may vary within and across firms. Despite common shocks, compensation benchmarking can undo performance benchmarking, so that wages load positively rather than...
Persistent link: https://www.econbiz.de/10012482596
We present a detailed analysis of the incentives that Social Security provides for continued work at older ages. We do …
Persistent link: https://www.econbiz.de/10012471116
Many provisions of the Social Security Program distort an individual's labor supply incentives. In particular, the …
Persistent link: https://www.econbiz.de/10012478119
strong work incentives for older men. The reason is that, for most workers, higher current earnings lead to higher future … social security benefits. These incentives have been particularly strong for workers under 65 years of age and, although they …
Persistent link: https://www.econbiz.de/10012478571
One of the most striking features of the postwar U.S. economy has been the rapid decrease in the labor force participation of the elderly at a time when the health of this group has been improving. In spite of this, previous research, based on retrospective interviews with the retired...
Persistent link: https://www.econbiz.de/10012479019