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older workers to a much larger extent than that ofyoung workers. This finding provides an explanation of the observed fall … ofparticipation rates of elder workers as a result of the post-war increase intax rates and replacement rates. We show that the age … pattern of searchunemployment does not match observed unemployment and we propose a new conceptof 'voluntary' unemployment …
Persistent link: https://www.econbiz.de/10011255879
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 … and a broader definition of retirement including inactivity, while controlling for unobserved heterogeneity. We find that …
Persistent link: https://www.econbiz.de/10011255520
This paper identifies and estimates the impact of early retirement on the probability to die within five years, using … administrative micro panel data covering the entire population of the Netherlands. Among the older workers we focus on, a group of … civil servants became eligible for retirement earlier than expected during a short time window. This exogenous policy change …
Persistent link: https://www.econbiz.de/10011255573
1024-1046.<P> This paper aims to exp1ore the interre1ation between hea1th and work decisions of e1der1y workers, taking the … Retirement Nexus' requires an integrated model for work decisions, health production and health reporting mechanisms. We …
Persistent link: https://www.econbiz.de/10011255627
-employed vis-a-vis wage employed workers. We find the self-employed to work longer hours, to be more flexible in their hours … incentives matter for the retirement behavior of the self-employed. We also provide evidence of the self-employed not wanting to … retire as early as possible, and contrast these expectation data with realized retirement transitions. The overall picture …
Persistent link: https://www.econbiz.de/10011256137
This study explored the psychological mechanisms that underlie the retirement planning and saving tendencies of Dutch … and American workers. Participants were 988 Dutch and 429 Americans, 25-64 years of age. Analyses were designed to: (a … analysis models to identify the mechanisms that underlie perceived financial preparedness for retirement. Findings revealed …
Persistent link: https://www.econbiz.de/10011256396
increasingly important factor in the retirement decision. Therefore it is relevant to know whether workers with a different … this prediction is most likely to be relevant for elderly workers who have accumulated wealth throughout their working life … 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/10011256556
We estimate and explain the impact of early retirement of husbands on their wives’ probability to retire within one … approach in which the retirement choice of husbands is instrumented with eligibility rules for generous early retirement … benefits that were temporarily and unexpectedly available to them. We find that early retirement opportunities of husbands …
Persistent link: https://www.econbiz.de/10011256670
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/10011256897
workers. Net wealth may correlate with worker's characteristics that also determine the exit out of a job. It is therefore … 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/10011256927