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Demography and provisions for retirement : the pension composition, a behavioral approach
Praag, Bernard M. S. van; Hop, J. Peter - 2020
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/10012154725
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The social multiplier of pension reform
Oral, Emre; Rabaté, Simon; Seibold, Arthur - 2024
We study the influence of family members, neighbors and coworkers on retirement behavior. To estimate causal retirement …' retirement ages, and we use administrative data on the full Dutch population. We find large spillovers in couples, primarily due … to women reacting to their husband's retirement choices. Consistent with homophily in social interactions, the influence …
Persistent link: https://www.econbiz.de/10014496463
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The welfare economics of reference dependence
Reck, Daniel; Seibold, Arthur - 2022
application to reference dependence exhibited in German workers' retirement decisions. Both simulation and sufficient statistics … results suggest positive welfare effects of increasing the Normal Retirement Age, but ambiguous effects of financial … incentives to postpone retirement. Finally, we study how adopting alternative models of reference dependent preferences modifies …
Persistent link: https://www.econbiz.de/10013411537
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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/10014280148
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How sustainable are old-age pensions in a shrinking population with endogenous labour supply?
Cardoso, Pedro; Praag, Bernard M. S. van - 2003
In this paper we model an OLG-economy where labour supply is endogenously determined and where we assume that there are two pension systems, namely, a pay-as-you-go system and a funded system. The main question is whether there is an equilibrium involving an old-age pensions system, partly...
Persistent link: https://www.econbiz.de/10011514183
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How much do means-tested benefits reduce the demand for annuities?
Bütler, Monika; Peijnenburg, Kim; Staubli, Stefan - 2011
We analyze the effect of means-tested benefits on annuitization decisions. Most industrialized countries provide a subsistence level consumption floor in old age, usually in the form of means-tested benefits. The availability of such means-tested payments creates an incentive to cash out...
Persistent link: https://www.econbiz.de/10009153835
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Retiree health insurance for public school employees : does it affect retirement?
Fitzpatrick, Maria D. - 2013
to its effects on employee retirement. This is in contrast to the large literature on health-insurance-induced "job … administrative data on their retirement to identify the effects of retiree health insurance. As expected, the availability of retiree …
Persistent link: https://www.econbiz.de/10010189828
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The retirement of the migrant labor force : pension portability and beyond
Jousten, Alain - 2012
The specificities of the workforce with a migrant background are often neglected in studies of retirement. Similarly … systems - with a focus on retirement. The paper argues that such effects are non-negligible and are likely to have major … policy consequences. -- pensions ; retirement ; international migration ; social security coordination …
Persistent link: https://www.econbiz.de/10009682342
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Social security incentives and human capital investment
Igel Lau, Morten; Poutvaara, Panu - 2001
While the effect of social security systems on retirement decisions has received much attention, the impact of these … investment and retirement decisions in a simple analytical life-cycle model with full certainty and investigate how different … contributions and benefits increase human capital investment and postpone retirement. …
Persistent link: https://www.econbiz.de/10011398074
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Retirement in non-cooperative and cooperative families
Hernæs, Erik; Jia, Zhiyang; Strøm, Steinar - 2001
1993 and 1994. The husband is eligible for early retirement while the wife is not. The models aim at explaining labor … supply behavior of married couples the first twelve months after the husband became eligible for early retirement. Estimates …
Persistent link: https://www.econbiz.de/10011398790