Showing 1 - 10 of 416
Continuous longevity improvements and population ageing have led countries to modify national public pension schemes by … 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 …
Persistent link: https://www.econbiz.de/10013314670
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
Germany recent reforms that aim at raising retirement age and cutting benefit levels should be complemented by increases in …
Persistent link: https://www.econbiz.de/10013118355
This paper develops a general equilibrium life-cycle model with endogenous retirement and disability risk, in order to … analysis focus on the increase in the normal retirement age (NRA) from age 65 to 67 (Reform 2007) and the recent increase in … early retirement benefits in the future …
Persistent link: https://www.econbiz.de/10014264162
white-collar and blue-collar workers and early retirement policies could be designed to provide a fair and aggregate welfare … increase in replacement rates of blue-collar workers. If the statutory retirement age is sufficiently high or the life … retirement incentives …
Persistent link: https://www.econbiz.de/10013219069
This paper explores how the Stability and Growth Pact may cope with the future costs of population ageing in the … European Union. Clearly, population ageing has forced countries to reform their pension systems, and will continue to do so … and the ageing problem. We will also calibrate a simple model for addressing intergenerational equity …
Persistent link: https://www.econbiz.de/10013316767
to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …We analyze the short and long run effects of demographic ageing - increased longevity and reduced fertility - on per … deepening, and indirect effects, working through changes of taxes, government spending components and the retirement age in …
Persistent link: https://www.econbiz.de/10010274850
How does population aging affect economic growth and factor shares in times of increasingly automatable production processes? The present paper addresses this question in a new macroeconomic model of automation where competitive firms perform tasks to produce output. Tasks require labor and...
Persistent link: https://www.econbiz.de/10013218295
This paper discusses the relationship between medical innovations and ageing from a health economics perspective and … conceptualization of ageing as an accumulation of health deficits. The paper also discusses the role of medical progress for longevity …
Persistent link: https://www.econbiz.de/10013322775
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