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effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that retirement behavior is strongly influenced by the level of disincentives. Further, disincentives …
Persistent link: https://www.econbiz.de/10011595496
We estimate a dynamic structural life-cycle model of employment, non-employment and retirement that includes endogenous … a tax reform targeted at low income individuals on employment behavior and retirement decisions. -- Life-cycle labor …
Persistent link: https://www.econbiz.de/10003824120
deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the …
Persistent link: https://www.econbiz.de/10010362261
retirement age is a popular option. To induce workers to retire later, it has been proposed to strengthen the link between … retirement age and benefit level. The present paper is devoted to analyzing the long-run financial implications of such a reform …. We show that with actuarial adjustments the long-run contribution rate is an increasing function of the retirement age …
Persistent link: https://www.econbiz.de/10011435789
-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … document that the pension reform leads to a postponement of retirement, an increase in employment and a shifting in …
Persistent link: https://www.econbiz.de/10011558593
Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in … particularly negatively affected by the abolition of early retirement options. To measure differences in labor market reactions of … increased the early retirement age for women from 60 to 63 years. Based on a large administrative dataset, we use a regression …
Persistent link: https://www.econbiz.de/10012659076
retirement age (ERA). Raising the ERA has the potential to extend contribution periods and to reduce the number of pension … retirement program for women born after 1951, effectively raising the ERA for women by three years. We analyze the effects of …
Persistent link: https://www.econbiz.de/10011630967
We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 …
Persistent link: https://www.econbiz.de/10011865453
This paper develops a structural dynamic retirement model to investigate effects and corresponding underlying … mechanisms of a partial retirement program on labor supply, fiscal balances, and the pension income distribution. The structural … approach allows for disentangling the two counteracting mechanisms that drive the employment effects of partial retirement: 1 …
Persistent link: https://www.econbiz.de/10011709806
This paper analyzes the impact of a reduction in women's labor supply through retirement on their informal care … regression discontinuity design. We exploit early retirement thresholds for women in the German pension system as instruments for … their retirement decision. We find significant positive effects on informal care provided by women retiring from employment …
Persistent link: https://www.econbiz.de/10012025791