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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
applications, resulting in a large increase in enrollment among lower-SES families. The treatment increases lower-SES mothers’ full-time … employment rates by 9 percentage points (+160%), household income by 10%, and mothers’ earnings by 22%. The effect on full-time …
Persistent link: https://www.econbiz.de/10014264150
examine a generous partial retirement reform in Germany that led to a massive increase in early retirement. Using county …
Persistent link: https://www.econbiz.de/10012828981
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
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/10014358043
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
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
This study examines if couples time their work hours and how this work timing influences child care demand and the time …, but only for childless couples. Work timing also influences the joint time that is spent on household chores, but the …
Persistent link: https://www.econbiz.de/10010275853
We study whether mothers’ labor supply is shaped by the gender role attitudes of their peers. Using detailed information on a sample of UK mothers with dependent children, we find that having peers with gender-egalitarian norms leads mothers to be more likely to have a paid job and to have a...
Persistent link: https://www.econbiz.de/10013235108
We examine the effect of co-residence with fathers- and mothers-in-law on married women’s employment in India. Instrumental variable fixed effects estimates using two different household panel datasets indicate that co-residence with a father-in-law reduces married women’s employment by...
Persistent link: https://www.econbiz.de/10014262036