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after retirement. This holds irrespective of whether real or only nominal annuities are available. Whenever liquidity is …
Persistent link: https://www.econbiz.de/10011090908
full retirement. However, some over-employed women are observed to leave the labor market early due to hours constraints …
Persistent link: https://www.econbiz.de/10011091134
.The data are drawn from the new Survey of Health, Ageing and Retirement in Europe (SHARE).We examine the value added of …
Persistent link: https://www.econbiz.de/10011091418
the five available waves of the Health and Retirement Study (HRS) is used to investigate if the dynamics introduced by … sources of dynamics and correlation in a couple's decision making.First, strong true state-dependence is found and results in …
Persistent link: https://www.econbiz.de/10011091427
Persistent link: https://www.econbiz.de/10011091491
In 1998, the Swiss voters approved of an increase in female retirement age from 62 to 64.The referendum, being on a … theoretical models of life-cycle decision making.Estimates carried out with municipality data suggest that the outcome of the vote … differences even in married couples.Young agents, married middle-aged and all elderly men favor an increase in female retirement …
Persistent link: https://www.econbiz.de/10011091670
Abstract: Analyzing 30 OECD-countries in 1980-2005, this paper documents the effect of an aging electorate on pension expenditure. The first outcome is that an increase in the age of the median voter leads to less generous pension benefits. The second outcome is that an older median voter is not...
Persistent link: https://www.econbiz.de/10011091705
are drawn from the new Survey of Health, Ageing and Retirement in Europe (SHARE).The empirical analysis shows that health …
Persistent link: https://www.econbiz.de/10011091842
pension scheme contains within-cohort redistribution and induces early retirement. Such a Pareto-improving reform entails the …-neutrality that stimulates later retirement further improves such a flexibility reform. …
Persistent link: https://www.econbiz.de/10011091857
relating to pre-retirement cash outs can interact in important ways, and that the government has several levers at its disposal …
Persistent link: https://www.econbiz.de/10011091967