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worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level …This paper focuses on the relation between worker's productivity and retirement decision. Assuming that productivity … of income and benefits is set to maximize lifetime utility. In such framework we find the retirement threshold of …
Persistent link: https://www.econbiz.de/10011334338
We study an insurance model characterized by a continuum of risk types, private information and a competitive supply …
Persistent link: https://www.econbiz.de/10011348719
Persistent link: https://www.econbiz.de/10010191307
dynamic contracts. An unconditional dynamiccontract has insurance companies offeringcontracts where the terms of the contract … differ in their accidentalexpenditures, then dynamic insurance contracts yield a welfareimprovement only if dynamic contracts …We take a dynamic perspective on insurance markets under adverseselection and study a generalized Rothschildand …
Persistent link: https://www.econbiz.de/10011318577
Persistent link: https://www.econbiz.de/10001624802
We study risk-based selection into a voluntary unemployment insurance (UI) scheme. To disentangle behavioral effects … from selection, we exploit variation in the sign-up induced by an early retirement scheme embedded into the UI system. We …
Persistent link: https://www.econbiz.de/10013274253
disparities in health by SES. In our model, lifestyle factors, working conditions, retirement, living conditions and curative care …
Persistent link: https://www.econbiz.de/10011381036
Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the …
Persistent link: https://www.econbiz.de/10011318580
the life of their partners. This paper presents an overview of recent studies on the effects of retirement on mental … health, cognitive ability and mortality. The results are all over the place but on average it seems like at retirement mental … see the forest for the trees and advocate evidence-based retirement policies that take health effects into account …
Persistent link: https://www.econbiz.de/10013332696
survival rates affect the pension composition and the capital market equilibrium. Our conclusion is that the demographic …
Persistent link: https://www.econbiz.de/10011870742