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reforms for a fixed retirement age distribution. The behavioral effect accounts for the endogenous change caused by changes in …
Persistent link: https://www.econbiz.de/10014462141
We present quasi-experimental evidence on the effects of increasing the Early Retirement Age (ERA) on older workers …' retirement decisions. The analysis is based on social security reforms in Austria in 2000 and 2004, and administrative data …
Persistent link: https://www.econbiz.de/10011526743
retirement spells has been steadily increasing. We estimate the response of retirement timing to variations in unemployment rate …, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate … rises. Workers around normal retirement age are especially sensitive to variations in the unemployment rate. Workers who are …
Persistent link: https://www.econbiz.de/10010221835
It is a challenge for politics that an aging population leads to demands that the retirement age is increasing while … the labour market. However, the regulations have become more restrictive in the last decade and early retirement usually … leads to a lower pension. In this article, we map options for early retirement in other countries. We have found five main …
Persistent link: https://www.econbiz.de/10013209886
In several countries where pensions are reformed and the retirement age is increased, the issue came up to make an … retirement scheme for such occupations through higher taxes. A representative sample of Dutch adults answered several questions … the evaluations of the demanding nature of the jobs as well as their reasonable retirement age or willingness to …
Persistent link: https://www.econbiz.de/10011376308
By increasing the residual working horizon of employed individuals, pension reforms that raise minimum retirement age … are likely to affect the returns to investments in health-promoting behaviours before retirement, with consequences for … individual health. Using the exogenous variation in minimum retirement age induced by a sequence of Italian pension reforms …
Persistent link: https://www.econbiz.de/10011455643
We provide empirical evidence that the removal of work disincentives embedded in retirement earnings tests can increase … based on a reform of the Norwegian early retirement program, which entailed that adjacent birth cohorts were exposed to … completely different work incentives from age 62. The reform removed a strict retirement earnings test such that pension wealth …
Persistent link: https://www.econbiz.de/10012161348
We exploit a comprehensive restructuring of the early retirement system in Norway in 2011 to examine labor supply …
Persistent link: https://www.econbiz.de/10010473192
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
retirement age (FRA) of individuals with a long contribution history by up to two years and framed the new FRA as reference age … for retirement. Using administrative data from public pension insurance accounts, we first document a substantial bunching …
Persistent link: https://www.econbiz.de/10014276849