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This paper studies wage structure characteristics and their incentive effects within one firm. Based on personnel records and an employee survey, we provide evidence that wages are attached to jobs and that promotions play a dominant role as a wage determinant. We furthermore show that a...
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This study exploits a new dataset in order to quantify the effect of financial incentives on retirement choices. This … Wise (2004), we find that financial incentives have an effect on retirement. The effect goes in the expected direction …; when employees become eligible for pension benefits the change in financial incentives they experience is so high that …
Persistent link: https://www.econbiz.de/10011376456
We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain … retirement. Unlike previous literature, we find that (i) financial incentives, when measured adequately, exert a greater impact … in determining retirement decisions. We also perform simulations of a recently enacted reform of pension incentives and …
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The paper addresses two related issues: the optimal intergenerational sharing of laborproductivity risks, through a Pay-As-You-Go (PAYG) social security, and the mix ofPAYG and savings for retirement provision in a small open economy. It shows that partial contingency of the social security on...
Persistent link: https://www.econbiz.de/10011376622
The old-age security motive for fertility postulates that people's needs for old-age support raise the demand for children. We test this widespread idea using the extension of social pensions in Namibia during the nineties. The reform eliminated inequalities in pension coverage and benefit...
Persistent link: https://www.econbiz.de/10012102437
This study provides insight in the responsiveness of disabled workers to financial incentives, using administrative … incentives to resume work. With entitlement periods in the first phase of DI benefits varying across individuals, we use a …
Persistent link: https://www.econbiz.de/10011431507
problems or disability. An important component of the Dutch reforms was to enhance employer incentives, which was done by … employer incentives may stimulate preventive and reintegration activities by firms, thereby improving the employment …
Persistent link: https://www.econbiz.de/10011333052