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Rouwendal, Jan; Vlist, Arno van der - Tinbergen Instituut - 2002

This paper studies the interaction between job mobility and housing mobility by considering the duration of commutes. Conventional models assume that the employrnent location has priority over the residentiallocation and that the latter is adapted to the former. This implies that the duration of...

Persistent link: https://www.econbiz.de/10011257512

The Unobserved Heterogeneity Distribution in Duration Analysis

Abbring, Jaap H.; Berg, Gerard J. van den - Tinbergen Instituut - 2006

In a large class of hazard models with proportional unobserved heterogeneity, the distribution of the heterogeneity among survivors converges to a gamma distribution. This convergence is often rapid. We derive this result as a general result for exponential mixtures and explore its implications...

Persistent link: https://www.econbiz.de/10011257597

Mixed Hitting-Time Models

Abbring, Jaap H. - Tinbergen Instituut

We study a mixed hitting-time (MHT) model that specifies durations as the first time a Lévy process— a continuous-time process with stationary and independent increments— crosses a heterogeneous threshold. Such models are of substantial interest because they can be reduced from...

Persistent link: https://www.econbiz.de/10011255698

Job Search Requirements for Older Unemployed: Transitions to Employment, Early Retirement and Disability Benefits

Bloemen, Hans; Hochguertel, Stefan; Lammers, Marloes - Tinbergen Instituut - 2011

retirement and sickness/disability benefits. The reform, becoming effective on January 1st 2004, required the elderly to formally …

Persistent link: https://www.econbiz.de/10011255905

Early Retirement Behaviour in the Netherlands: Evidence from a Policy Reform

Euwals, Rob; Vuuren, Daniel J. van; Wolthoff, Ronald P. - Tinbergen Instituut - 2006

retirement schemes into less generous and actuarially fair capital funded schemes. The starting dates of the transitional … the policy reform on early retirement behaviour. We use a large administrative dataset, the Dutch Income Panel 1989 …-2000, to estimate hazard rate models for early retirement. We conclude that the policy reform induced workers to postpone early …

Persistent link: https://www.econbiz.de/10011256007

Asymmetric Information and List Price Reductions in the Housing Market

Wit, Erik R. de; Klaauw, Bas van der - Tinbergen Instituut - 2010

This discussion paper resulted in a publication in the 'Regional Science and Urban Economics', 2013, 43, 507-520.<P> In housing markets with asymmetric information list prices may signal unobserved properties of the house or the seller. Asymmetric information is the starting point of many models...</p>

Persistent link: https://www.econbiz.de/10011256150

The Impact of Wealth on Job Exit Rates of Elderly Workers

Bloemen, Hans G. - Tinbergen Instituut - 2007

increasingly important factor in the retirement decision. Therefore it is relevant to know whether workers with a different …

Persistent link: https://www.econbiz.de/10011256556

Joint Retirement of Couples: Evidence from a Natural Experiment

Bloemen, Hans; Hochguertel, Stefan; Zweerink, Jochem - Tinbergen Instituut - 2015

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

The Importance of Financial Incentives on Retirement Choices

Belloni, Michele; Alessie, Rob - Tinbergen Instituut - 2008

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

Private Wealth and Job Exit at Older Age: a Random Effects Model

Bloemen, Hans - Tinbergen Instituut - 2008

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