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Persistent link: https://www.econbiz.de/10013552988
Media reports predicted that the stock market decline in October 2008 would cause changes in retirement intentions, due … to declines in retirement assets. We use panel data from the Health and Retirement Study to investigate the relationship … between stock market performance and retirement intentions during 1998-2008, a period that includes the recent crisis. While …
Persistent link: https://www.econbiz.de/10013139900
The social security payroll tax has become the largest tax paid by the majority of American households. Although, the statutory marginal social security tax rate is the same for all those with wage and salary income up to the maximum level, the complex rules linking social security taxes and...
Persistent link: https://www.econbiz.de/10013125819
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …
Persistent link: https://www.econbiz.de/10012757997
Social Security benefits that accrue with additional earnings on three measures of labor supply: retirement, hours, and labor … discontinuities as uncertainty about the future is resolved. We find clear evidence that individuals approaching retirement (age 52 … estimate that a 10 percent increase in the net-of-tax share reduces the two-year retirement hazard by a statistically …
Persistent link: https://www.econbiz.de/10012758034
-side explanation for the frequently observed discrete drop from full-time work to complete retirement …
Persistent link: https://www.econbiz.de/10012760079
college completion. Using an option value model that accounts for different pathways to retirement, applied to a period … spanning a major pension reform, we find that pension program incentives in general are important determinants of retirement …
Persistent link: https://www.econbiz.de/10013052122
We study how economic incentives affect labor force exit through different income security programs, old-age pensions as well as income taxes in Sweden. We use the option value for staying in the labor force as a measure of economic incentives and estimate an econometric model for the choice of...
Persistent link: https://www.econbiz.de/10013053851
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the … methodology to study retirement behavior used in the second phase to focus in particular on the effects of the DI programs. The …
Persistent link: https://www.econbiz.de/10013053852
Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be … identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most … prominent ones. We analyze the retirement decision of Belgian workers adopting an option value framework, and pay special …
Persistent link: https://www.econbiz.de/10013055508