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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
choose to participate in labor markets. In this context, the steep increase in the share of older workers who remain …
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
Adult education can mitigate the productivity decline in aging societies if older workers are willing to learn. We … examine a generous partial retirement reform in Germany that led to a massive increase in early retirement. Using county …
Persistent link: https://www.econbiz.de/10012238753
effective age or retirement. But do older individuals have the health/cognitive capacity to work longer? Following Cutler et al …, comparable panel evidence available in the Survey of Health, Ageing and Retirement in Europe (SHARE). It considers both physical …
Persistent link: https://www.econbiz.de/10012163057
Population ageing in Europe calls for an overall rise in the age of retirement. However, many argue that this age … it first quantifies the impact of entire career arduousness on health at typical retirement age, relative to other key … determinants (gender, childhood health, parental longevity). It then estimates the degree of retirement age differentiation that …
Persistent link: https://www.econbiz.de/10012494388
Shocks to health have been shown to reduce labour supply for the individual affected. Less is known about household self-insurance through a partner's response to a health shock. Previous studies have presented inconclusive empirical evidence on the existence of a healthrelated 'added worker...
Persistent link: https://www.econbiz.de/10012496674
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
EWE is a consequence of one of the most important labor institutions: the unemployment benefit (UB). We develop a model … kind of moral hazard appears. This creates new incentives for workers and produces an additional counter-cyclical pressure …
Persistent link: https://www.econbiz.de/10012310881
This paper utilizes the 1968-2019 survey waves of the Panel Study of Income Dynamics to analyze the added worker effect for wives of husbands who lose their job through no fault of their own. Specifically, we focus on the potential changes to the added worker effect over time. For wives who were...
Persistent link: https://www.econbiz.de/10014581185