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We investigate health and aging before and after retirement for specific occupational groups. We use five waves of the … Survey of Health, Aging, and Retirement in Europe (SHARE) and construct a frailty index for elderly men and women from 10 … health deficits faster than workers from the second (high status) group. We instrument retirement by statutory retirement …
Persistent link: https://www.econbiz.de/10013323092
concave redistribution may or may not be reversed. With couples only, the ranking of gender retirement ages is always reversed … singles only this implies distortions of retirement decision and restricts redistribution across genders. With couples, a … first best that implies a lower retirement age for females can be implemented by a gender-neutral system. Otherwise, gender …
Persistent link: https://www.econbiz.de/10013224069
cycle labor supply, retirement timing, and savings. I develop a structural model in continuous time where the life-cycle of … a representative agent is divided into three distinct phases: pre-treatment, post-treatment, and retirement. Solutions … for consumption/savings, labor supply/leisure, and retirement timing are then obtained by solving the model as a salvage …
Persistent link: https://www.econbiz.de/10013235104
increasing the standard and early retirement ages in a discretionary, scheduled, or automatic way, and by making it harder for … people to retire prematurely. To this end, countries have adopted alternative retirement age strategies, but our analyses … methods that underestimate life expectancy. This paper discusses how to implement automatic indexation of the retirement age …
Persistent link: https://www.econbiz.de/10013314670
longer and birth rates have declined. Postponing the full retirement age (FRA), when retirees are entitled to full pension …
Persistent link: https://www.econbiz.de/10013314811
The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime …
Persistent link: https://www.econbiz.de/10013316657
address this question in the context of a recent German pension reform which raised the statutory retirement age by two years … of work ability at retirement and fundamental opposition. Our results show that expected work ability declines … situation as well as individual health and other risk factors. However, a fundamental opposition to reforms of the welfare state …
Persistent link: https://www.econbiz.de/10010276618
This article analyzes the effect of public policy intervention in the production of health capital on fertility …, private investment in children's health and education and human capital accumulation. I have used a growth model with … an additional factor that affects children's human capital, which is health. I analyze the overall society-wide effect of …
Persistent link: https://www.econbiz.de/10012840695
The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime …
Persistent link: https://www.econbiz.de/10010264263
endogenous retirement. Labor taxation distorts not only labor supply, but also education and retirement decisions. Actuarially … unfair pensions further exacerbate labor tax distortions on retirement. Education subsidies can nevertheless cushion the … adverse impact of taxation on skill formation. Feedbacks between education, labor supply, and retirement are important. The …
Persistent link: https://www.econbiz.de/10010264345