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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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Do public program benefits crowd out private transfers in developing countries? : a critical review of recent evidence
Nikolov, Plamen; Bonci, Matthew - 2020
Precipitated by rapid globalization, rising inequality, population growth, and longevity gains, social protection programs have been on the rise in low- and middle-income countries (LMICs) in the last three decades. However, the introduction of public benefits could displace informal mechanisms...
Persistent link: https://www.econbiz.de/10012195191
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Pension reforms and couples' labour supply decisions
Moghadam, Hamed M.; Puhani, Patrick A.; Tyrowicz, Joanna - 2023
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
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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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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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Does the employment effect of national minimum wage vary by non-employment rate? : a regression discontinuity approach
Xu, Lei; Zhu, Yu - 2022
We examine the impact of increasing minimum wage on employment by exploiting variation in the age-dependent National Minimum Wage (NMW) in the UK. We extend the Regression Discontinuity model to evaluate the procyclicality of employment effect and show that previous estimates may be biased due...
Persistent link: https://www.econbiz.de/10013257503
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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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Retirement, housing mobility, downsizing and neighbourhood quality : a causal investigation
Ha Trong Nguyen; Mitrou, Francis; Zubrick, Stephen R. - 2021
This paper provides the first causal evidence on the impact of retirement on housing choices. Our empirical strategy … exploits the discontinuity in the eligibility ages for state pension as an instrument for the endogenous retirement decision … and controls for time-invariant individual characteristics. The results show that retirement leads to a statistically …
Persistent link: https://www.econbiz.de/10012585807
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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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Differentiating retirement age to compensate for career arduousness
Vandenberghe, Vincent - 2021
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