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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
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
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
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 … the early 1990s have gradually raised women's retirement age from 60 to 65, but also increased ages for several early …
Persistent link: https://www.econbiz.de/10014276001
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
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
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
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
economic and demographic change - an economic demography transition approach - has never been more pressing. Thanks partly to …'s consequential and ongoing economic demography transition strategy within the economic and development policy discourse. Amid epochal … demographic, public health, and geo-economic change, this economic demography perspective is timely, unique and useful in …
Persistent link: https://www.econbiz.de/10012241583
This paper aims to study the evolution in the age composition of males' employment in the aftermath of the public sector downsizing in the 1990s -during the Economic Reform and Structural Adjustment Policies - and the new labor law in 2003. This answers the question of whether young (15-29) and...
Persistent link: https://www.econbiz.de/10012149686