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This paper investigates the effects of retirement on various health outcomes. Data stem from the first three waves of … applied to identify causal effects. It is found that retirement significantly increases the risk of being diagnosed with a …. Estimates also indicate that retirement has quite diverse effects for different individuals. …
Persistent link: https://www.econbiz.de/10005036271
The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime …
Persistent link: https://www.econbiz.de/10005797691
retirement incentives and work incentives of prime-age workers. We find that postponed retirement tends to harm incentives of …
Persistent link: https://www.econbiz.de/10005797699
combine high-quality survey and administrative data. Our results suggest that partial or gradual retirement options offered by …
Persistent link: https://www.econbiz.de/10010690365
This paper explores how extended unemployment insurance (UI) benefits targeted to older workers affect early retirement … consider the entire early retirement system, which often consists of extended UI and relaxed access to disability insurance (DI …). We argue that extended UI generates program complementarity (higher future take-up of DI and/or regular retirement …
Persistent link: https://www.econbiz.de/10010699233
the legal age of retirement in Switzerland, led to differences in approval rates of nearly seven percentage points. Based …
Persistent link: https://www.econbiz.de/10005797694
reform in a theoretical model that endogenously explains the retirement and training decision of workers who are … heterogeneous in ability. Because the economic benefits of motivating late retirement strongly depend on the employment prospects of … workers near retirement age, the model includes the firms' employment decision at the extensive margin. The first reform …
Persistent link: https://www.econbiz.de/10005453973
This paper investigates the consequences of pension reform for life-cycle unemployment and retirement. We find that (i … retirement and boosts efficiency; and (iv) extending the calculation period favors employment of young workers, might possibly … lead to more unemployment among older ones, encourages postponed retirement and most likely yields positive welfare gains. …
Persistent link: https://www.econbiz.de/10009024935
market adjustment on five different behavioural margins: labor market participation, hours worked, job search, retirement … retirement age to 68 years and several other measures, may limit the increase of the tax burden to 4 percentage points of the …
Persistent link: https://www.econbiz.de/10005017304
Propensity score matching is widely used in treatment evaluation to estimate average treatment effects. Nevertheless, the role of the propensity score is still controversial. Since the propensity score is usually unknown and has to be estimated, the efficiency loss arising from not knowing the...
Persistent link: https://www.econbiz.de/10005797660