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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
hundred age brackets and we investigate how changes in the birth rates, survival rates, and the retirement age affect the …
Persistent link: https://www.econbiz.de/10012842673
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
We investigate the impact on pension take-up and labour supply of a broad Norwegian pension reform. Focussing on the long term impact, we use a structural discrete choice model estimated on data for first groups to become eligible for the new pension, accounting for the opportunity cost of...
Persistent link: https://www.econbiz.de/10012866558
We analyze the political stability of capital funded social security. In particular, using a stylized theoretical framework we study the mechanisms behind governments capturing pension assets in order to lower current taxes. This is followed by an analysis of the analogous mechanisms in a...
Persistent link: https://www.econbiz.de/10012838237
wealth planned for retirement. The responses showed that their knowledge and awareness of retirement planning was limited. We … follow-up survey shows that these women became more interested and aware of pension schemes and retirement options after … changes in behavior, we find that treated women who are closer to retirement are more likely to believe that they would make …
Persistent link: https://www.econbiz.de/10012822496
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
Within a politico-economic model we first establish three hypotheses: (i) Retirees generally prefer a higher retirement … age than workers, whereby just retired individuals prefer the highest retirement age, (ii) in equilibrium the level of the … legal retirement age is increasing in longevity and (iii) decreasing in the public pension replacement rate. We then test …
Persistent link: https://www.econbiz.de/10012892102
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
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