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Pension reforms and couples' labour supply decisions
Moghadam, Hamed M.; Puhani, Patrick A.; Tyrowicz, Joanna - 2023
the early 1990s have gradually raised women's retirement age from 60 to 65, but also increased ages for several early …To determine how wives' and husbands' retirement options affect their spouses' (and their own) labour supply decisions …, we exploit (early) retirement cutoffs by way of a regression discontinuity design. Several German pension reforms since …
Persistent link: https://www.econbiz.de/10014276001
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Occupational differences in the effects of retirement on hospitalizations for mental illness among female workers : evidence from administrative data in China
Wang, Tianyu; Sun, Ruochen; Sindelar, Jody Louise; Chen, Xi - 2024
Retirement, a major transition in the life course, may affect many aspects of retirees' well-being, including health … and health care utilization. Leveraging differential statutory retirement age (SRA) by occupation for China's urban female … workers, we provide some of the first evidence on the causal effect of retirement on hospitalizations attributable to mental …
Persistent link: https://www.econbiz.de/10014465492
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The old-age pension household replacement rate in Belgium
Brown, Alessio J. G.; Fraikin, Anne-Lore - 2022
The objective of the paper is to examine the retirement behaviour of Belgian workers in one-earner households who are … study the link between retirement and financial retirement incentives created by the social security system. We find that … the household replacement rate generates slightly higher retirement incentives through an income effect and we find that …
Persistent link: https://www.econbiz.de/10012801885
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Short-run health consequences of retirement and pension benefits : evidence from China
Nikolov, Plamen; Adelman, Alan - 2019
the mechanisms that drive positive retirement program results, we find evidence that changes in individual health … the potential benefits of retirement programs resulting from social spillover effects. In addition, these programs may …
Persistent link: https://www.econbiz.de/10012161478
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Do private household transfers to the elderly respond to public pension benefits? : evidence from rural China
Nikolov, Plamen; Adelman, Alan - 2019 - Current version: April 2019
Aging populations in developing countries have spurred the introduction of public pension programs to preserve the standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these intended policy effects, as adult children who make...
Persistent link: https://www.econbiz.de/10012159232
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Rising longevity, increasing the retirement age, and the consequences for knowledge-based long-run growth
Kuhn, Michael; Prettner, Klaus - 2020
We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by … the retirement age fosters economic growth. How economic growth changes in response to rising life expectancy depends on … the retirement response. Employing numerical analysis we find that the requirement for experiencing a growth stimulus from …
Persistent link: https://www.econbiz.de/10012156427
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A nudge to quit? : the effect of a change in pension information on annuitization, labour supply, and retirement choices among older workers
Hagen, Johannes; Hallberg, Daniel; Sjögren Lindquist, … - 2021
We study the effects of two exogenous modificationsin the Swedish pension system application formnudgingindividuals towards a fixed-term payout.Meanwhile, the set of available options and the default option-life annuity -were unchanged during the period under study. We examine the effects on...
Persistent link: https://www.econbiz.de/10012590727
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Calling older workers back to work
Grigoli, Francesco; Koczan, Zsoka; Topalova, Petia - 2021
Population aging in advanced economies could have significant macroeconomic implications, unless more individuals choose to participate in labor markets. In this context, the steep increase in the share of older workers who remain economically active since the mid1990s is an overlooked yet...
Persistent link: https://www.econbiz.de/10012417615
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A nudge to quit? The effect of a change in pension information on annuitization, labor supply and retirement choices among older workers
Hagen, Johannes; Hallberg, Daniel; Sjögren Lindquist, … - 2018
relevant context where the use of nudge is widespread; retirement. Specifically, we find that an exogenous application form …
Persistent link: https://www.econbiz.de/10012131488
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The retirement migration puzzle in China
Chen, Simiao; Jin, Zhangfeng; Prettner, Klaus - 2020
We examine whether and how retirement affects migration decisions in China. Using a regression discontinuity (RD … retirement increases the probability of migration by 12.9 percentage points. Approximately 38% of the total migration effects can … be attributed to inter-temporal substitution (delayed migration). Retirement-induced migrants are lower-educated and have …
Persistent link: https://www.econbiz.de/10012156545