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Early retirement : free choice or forced decision

Dorn, David; Sousa-Poza, Alfonso - 2005

Early retirement is usually explained as a supply-side phenomenon. However, early retirement can also be a demand …-side phenomenon arising from a firm's profit maximization behavior. This paper analyzes voluntary and involuntary early retirement … based on international microdata covering 19 industrialized countries. The results indicate that generous early retirement …

Persistent link: https://www.econbiz.de/10010261333

Age-Targeted Income Taxation, Labor Supply, and Retirement

Gustafsson, Johan - 2021

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

Forward-Looking Labor Supply Responses to Changes in Pension Wealth : Evidence from Germany

Artmann, Elisabeth; Fuchs-Schündeln, Nicola; Giupponi, … - 2023

We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...

Persistent link: https://www.econbiz.de/10014356483

Institutional Reforms and an Incredible Rise in Old Age Employment

Riphahn, Regina T.; Schrader, Rebecca - 2018

We investigate whether a cut in unemployment benefit payout periods affected older workers’ labor market transitions. We apply rich administrative data and exploit a difference-indifferences approach. We compare the reference group of 40-44 year olds with constant benefit payout periods to...

Persistent link: https://www.econbiz.de/10011932084

Occupations Shape Retirement across Countries

Sauré, Philip; Seibold, Arthur; Smorodenkova, Elizaveta; … - 2023

We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in … individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is … strongly correlated with U.S. occupational retirement ages, indicating an inherent association between occupations and …

Persistent link: https://www.econbiz.de/10014290275

Joint Retirement of Couples : Evidence from Discontinuities in Denmark

García-Miralles, Esteban; Leganza, Jonathan M. - 2021

We study how social security influences the retirement behavior of couples. First, we exploit over two decades of full …-population data and a discontinuity design to document sizable retirement spillovers to spouses when individuals reach pension … joint retirement, which is driven by older spouses working longer. Accounting for these age differences reveals a strong …

Persistent link: https://www.econbiz.de/10013219057