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contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three …-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and …
Persistent link: https://www.econbiz.de/10011994093
This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …
Persistent link: https://www.econbiz.de/10012405524
-calculation window, combined with the discrete change in the probability of retirement at the minimum retirement age. We find that … retirement age, reaching a 3% increase on average. This is not the case for employees of large firms, where earnings …
Persistent link: https://www.econbiz.de/10012178010
Persistent link: https://www.econbiz.de/10014249050
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
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
Retirement Age (FRA). Sharp discontinuities generated by the reform reveal that raising the FRA while imposing small early … claiming penalties significantly delays pension claiming and retirement, but imposing large penalties and holding the FRA fixed …
Persistent link: https://www.econbiz.de/10012256958
In this paper we study the retirement patterns of couples in a multi-country setting using data from the Survey of … Health, Aging and Retirement in Europe. In particular we test whether women's (men's) transitions out of the labor force are …-specific early and full statutory retirement ages to instrument the latter. Exploiting the discontinuities in retirement behavior …
Persistent link: https://www.econbiz.de/10010239271
This paper investigates the retirement patterns of married couples in Belgium. To forecast retirement behavior, we use …'s structural design affect both partners' retirement decisions. We simulate the effect of the elimination of the spousal bonus and … find that a small portion of women delay their retirement whereas the rest substitute into alternative social security …
Persistent link: https://www.econbiz.de/10014366803
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