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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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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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The old-age pension household replacement rate in Belgium
Brown, Alessio J. G.; Fraikin, Anne-Lore - 2022
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 …The objective of the paper is to examine the retirement behaviour of Belgian workers in one-earner households who are …
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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The lock-in effect of marriage : work incentives after saying, "Yes, I do."
Christl, Michael; De Poli, Silvia; … - 2022
marriage bonus, which is economically significant in eight European countries, decreases the work incentives for women and …, particularly, on the intensive margin. In contrast, the incentives on the intensive margin increase for men once they are married …
Persistent link: https://www.econbiz.de/10013329772
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Teacher labor markets in developing countries
Crawfurd, Lee; Pugatch, Todd - 2020
The types of workers recruited into teaching and their allocation across classrooms can greatly influence a country's stock of human capital. This paper considers how markets and non-market institutions determine the quantity, wages, skills, and spatial distribution of teachers in developing...
Persistent link: https://www.econbiz.de/10012162675
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Drivers of student performance : evidence from higher secondary public schools in Delhi
Goel, Deepti; Barooah, Bidisha - 2018
We examine the role of teachers and students in the formation of grade 12 test scores in public schools in Delhi. There is substantial variation in teacher and student quality within schools. Over the period spanning grades 11 and 12, being taught by a standard deviation better than average...
Persistent link: https://www.econbiz.de/10012131005