Showing 1 - 10 of 67
scheme contains within-cohort redistribution and induces early retirement. Such a Pareto-improving reform entails the …-neutrality that stimulates later retirement further improves such a flexibility reform …
Persistent link: https://www.econbiz.de/10013077503
offering short-time work, and by early retirement packages to older workers, in conjunction with buy-outs. The latter … influences ownsizing preferences, with those employers who favor younger workers particularly likely to use early retirement and …
Persistent link: https://www.econbiz.de/10013082570
The effect that health has on the retirement decision has long been studied. We examine the reverse relationship …, whether retirement has a direct impact on later-life health. To identify the causal relationship, we use early retirement … window offers to instrument for retirement. We find no negative effects of early retirement on men's health, and if anything …
Persistent link: https://www.econbiz.de/10012722710
domain of retirement savings, we use a randomized experiment to explore people's intuition about how money accumulates over …
Persistent link: https://www.econbiz.de/10013131371
This paper explores the optimal degree of funding of public sector pension plans. It is assumed that a benevolent social planner decides on the contribution of current taxpayers to the funding of public sector pensions next period, weighing the interests of current and future tax payers. Two...
Persistent link: https://www.econbiz.de/10013086860
optimized”, even if they do not engage in any formal planning. We test this empirically in the domain of retirement saving using …
Persistent link: https://www.econbiz.de/10013156332
adequate standard of living after retirement to individuals and their households. Individuals have to make more decisions than …, since retirement planning requires intertemporal decision-making under uncertainty and is subject to behavioural and …
Persistent link: https://www.econbiz.de/10012908029
Pensioners have increasingly more control over their income streams as a result of pension reforms, which gives them more freedom to save for their old age. We devise an experiment where subjects face a life-cycle optimization task with lifetime uncertainty and a given lifetime income. The aims...
Persistent link: https://www.econbiz.de/10013027009
In an experimental setting some Danish unemployed workers were assigned to an activation program while others were not. Unemployed who were assigned to the activation program found a job more quickly. We show that the activation effect increases with the distance between the place of residence...
Persistent link: https://www.econbiz.de/10012718483
during retirement. However, there is no consensus on the answer to the underlying question what this standard should be … Netherlands. Key findings are that adequate levels of retirement spending exceed 80 percent of working life spending for a …
Persistent link: https://www.econbiz.de/10012720291