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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
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
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
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
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
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
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
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
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 … margins of work (employment and hours): existing papers only consider the former. Results are essentially fivefold. First …
Persistent link: https://www.econbiz.de/10012163057
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