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-time retirement behaviour in Sweden. During the 1980s, older workers had the option of partial retirement with an income replacement … women chose part-time retirement after the reduction in benefit levels in 1981. There was an approximate 4 percentage point … drop in the partial retirement propensity among eligible 60-year old men, and a 5.7 percent drop among women. This …
Persistent link: https://www.econbiz.de/10005419195
are for the timing of retirement. The new pension system provides a much closer link between contributions and benefits … than the former system. I study whether the reform has led to delayed retirement by examining the retirement patterns of … retirement hazard among latter born cohorts, who were more affected by the reform. This implies that retirement is delayed. Most …
Persistent link: https://www.econbiz.de/10005419216
health status, take up of sickness benefits, retirement, the utilization of health care and social care and the dynamics of …
Persistent link: https://www.econbiz.de/10005771040
This paper uses unique micro data from a Swedish occupational pension plan to study the determinants of annuitization. The data is merged with national administrative data to create a large data set with rich individual background characteristics. The pension can either be withdrawn as a life...
Persistent link: https://www.econbiz.de/10011272202
situation post retirement. However, economic motives seem to be more important for younger pensioners. …
Persistent link: https://www.econbiz.de/10009293642
In this paper we study the role of social insurance, namely old-age pensions, disability insurance and healthcare, in accounting for the differing labor supply patterns of older individuals across OECD countries. To this end, we develop a life cycle model of labor supply and health with...
Persistent link: https://www.econbiz.de/10010643588
This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to … army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age … for a reduction in both mortality and in inpatient care as a consequence of the early retirement offer. Increasing the …
Persistent link: https://www.econbiz.de/10010884885
The paper reviews large literature on retirement, keeping in mind the goal of finding a suitable model to the labour … defining retirement. The second section deals with a multitude of labour market exit channels. Specific features of modelling … old-age retirement, disability, sick leave, and unemployment of the aged are explained. The third section is concerned …
Persistent link: https://www.econbiz.de/10005644567
This paper collects and reviews information about routes to retirement and exits from the labor force by older workers … in Sweden. It gives a concise survey of rules of the major retirement schemes covering disability, sickness and … retirement, joint retirement behavior of spouses, transition path probabilities, and successive exits in terms of a reduction in …
Persistent link: https://www.econbiz.de/10005644602
In this paper, we consider how the retirement age as well as a tax financed pension system ought to respond to a change … perfect control over the individuals’ labor supply and retirement-decisions, the results show that a decrease in the standard … deviation of life-length leads to an increase in the optimal retirement age and vice versa, if the preferences for “the number …
Persistent link: https://www.econbiz.de/10008673562