Showing 1 - 10 of 26
We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain … derived as changes in a composite health stock measure over time. We examine labour market exits into both old age retirement … in the case of the broad definition of retirement. Initial health stock shows a significant impact on both definitions of …
Persistent link: https://www.econbiz.de/10005136959
rnarket status is expected to have a (reverse) causal effect on health. A solution to the 'Health and Retirement Nexus …-assessed health measures are usually at hand in empirical analyses and research indicates that these may be affected by endogenous …, state dependent, reporting behaviour. Furthermore, even if an objective health measure is used, it is not likely to be …
Persistent link: https://www.econbiz.de/10005450791
disparities in health by SES. In our model, lifestyle factors, working conditions, retirement, living conditions and curative care …Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered … are mechanisms through which SES, health and mortality are related. Our model predicts a widening and possibly a …
Persistent link: https://www.econbiz.de/10008484063
This study explored the psychological mechanisms that underlie the retirement planning and saving tendencies of Dutch … analysis models to identify the mechanisms that underlie perceived financial preparedness for retirement. Findings revealed … psychological and retirement planning constructs, but also in the robustness of the path models. These findings suggest that policy …
Persistent link: https://www.econbiz.de/10005144426
This paper focuses on the relation between worker's productivity and retirement decision. Assuming that productivity … worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level … of income and benefits is set to maximize lifetime utility. In such framework we find the retirement threshold of …
Persistent link: https://www.econbiz.de/10005144432
increasingly important factor in the retirement decision. Therefore it is relevant to know whether workers with a different … workers so far has concentrated on properties of the pension system and health status. For a sample of elderly male workers in …
Persistent link: https://www.econbiz.de/10005136899
This study exploits a new dataset in order to quantify the effect of financial incentives on retirement choices. This … Wise (2004), we find that financial incentives have an effect on retirement. The effect goes in the expected direction … their retirement probability increases in a sizable way. We also find that the procedure to impute seniority used in …
Persistent link: https://www.econbiz.de/10005137199
This study investigates whether many people fear an unexpected shock in their financial situation around retirement and … conditional distribution of expectations and realizations, suggest that individuals around retirement are overly pes- simistic and …
Persistent link: https://www.econbiz.de/10005137265
This paper investigates the age-dependency of participation and unemployment by integrating job search with intertemporal optimizing behavior of finitely-lived households. We find that search frictions and tax rates distort the decisions of older workers to a much larger extent than that of...
Persistent link: https://www.econbiz.de/10005137335
important to include a rich set of observed characteristics in an empirical model for retirement in order to measure the …
Persistent link: https://www.econbiz.de/10005504893