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There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why pension incomes ought to be taxed specifically. To do...
Persistent link: https://www.econbiz.de/10011455532
This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to … army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age … for a reduction in both mortality and in inpatient care as a consequence of the early retirement offer. Increasing the …
Persistent link: https://www.econbiz.de/10010369753
people do not know what amount will be paid out on retirement and/or whether the payments will be in the form of lump …
Persistent link: https://www.econbiz.de/10010125872
This study examines the consequences of a pension fund investing in the stock of the sponsoring firm. Using a merger of data on pension asset holdings from IRS Form 5500 filings and financial data on the company's stock from CRSP, two broad questions are addressed: First, what factors influence...
Persistent link: https://www.econbiz.de/10003384906
support changes around retirement. We also examine whether social support moderates dynamics in mental wellbeing around … retirement and consider both own and spouse's retirement. Using longitudinal data from Australia, we find little effect of own or … spouse's retirement on social support. However, in fixed-effects models, dynamics in mental wellbeing are significantly …
Persistent link: https://www.econbiz.de/10012242334
Retirement ages among older Americans have only recently begun to increase after a precipitous fifty-year decline …. Early retirement may result from incentives provided by retirement systems; but it may also result from the rigidities …
Persistent link: https://www.econbiz.de/10003373728
This paper examines the empirical link between retirement and the supply of volunteer labor, using panel data from the … the Australian Age Pension which has significantly changed the retirement incentives of older people. We find positive and … significant effects of retirement status on the voluntary work provision of older men and women. Longer time spent in retirement …
Persistent link: https://www.econbiz.de/10012604177
We study retirement incentives with augmented option value model à la Stock and Wise (1990). We propose methodological … modelling of couples' incentives leads to very different patterns of retirement incentives - particularly for women. We apply … the new indicators to data from the Survey of Health, Ageing and retirement in Europe (SHARE) in Belgium and find two key …
Persistent link: https://www.econbiz.de/10011543602
Recent reforms to social security in many countries have sought to delay retirement. Given the family context in which … retirement decisions are made, social security reforms have potentially important spill-over effects on the participation of … spouses. This paper analyses the impact of women's pension incentives on the retirement decision of their husband. The 1993 …
Persistent link: https://www.econbiz.de/10011496968
This study answers the open question of whether workers respond to financial incentives in a command economy. To do this, I evaluate pension reforms in Soviet Russia in 1964 and 1969 that allowed pensioners to receive a greater share of their pensions if they worked, resulting in a progressive...
Persistent link: https://www.econbiz.de/10012138755