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activity not only decreases the participation rate by inducing early retirement, but also badly affects the employment rate of … older workers just before early retirement age. Countries with an early retirement age at 60 also have lower employment … unemployment benefits for older workers helps explain the low rate of employment just before the early retirement age. Decreasing …
Persistent link: https://www.econbiz.de/10012780624
systems unless there is an offsetting increase in employment rates. This is especially true for older workers whose employment …
Persistent link: https://www.econbiz.de/10012919499
pension rights. We find that this exogenous shock to pension rights postpones expected retirement and increases participation …
Persistent link: https://www.econbiz.de/10013155708
retirement and exits through disability insurance. Lower access-age to own pension funds caused a small increase in employment …We evaluate a comprehensive reform of Norwegian early retirement institutions in 2011 through the lens of a … all) workers. We find that improved work incentives caused employment to rise considerably, at the expense of both early …
Persistent link: https://www.econbiz.de/10014347447
future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement …
Persistent link: https://www.econbiz.de/10012859308
Using data from a stated preferences experiment in the Netherlands, we find that replacing full-time pension schemes … with schemes that offer gradual retirement opportunities induce workers to retire one year later on average. Total life …-time labour supply, however, decreases with 3.4 months because the positive effect of delayed retirement on labour supply is …
Persistent link: https://www.econbiz.de/10013013569
retirement plans of middle-aged workers (aged 45-55). Our results indicate that approximately two-thirds of men and more than … half of women appear to be making standard retirement plans. At the same time, more than one in five individuals seem to … have delayed their retirement planning and approximately one in ten either do not know when they expect to retire or expect …
Persistent link: https://www.econbiz.de/10014054598
This paper explores how extended unemployment insurance (UI) benefits targeted to older workers affect early retirement … entire early retirement system, which often includes extended UI and relaxed access to disability insurance (DI). We argue … that extended UI generates program complementarity (increased take-up of UI followed by DI and/or regular retirement …
Persistent link: https://www.econbiz.de/10013083366
By increasing the residual working horizon of employed individuals, pension reforms that raise minimum retirement age … are likely to affect the returns to investments in health-promoting behaviours before retirement, with consequences for … individual health. Using the exogenous variation in minimum retirement age induced by a sequence of Italian pension reforms …
Persistent link: https://www.econbiz.de/10012995602
percentage points among affected women. The decline in retirement was accompanied by a sizeable increase in employment of 7 …This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers …. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 …
Persistent link: https://www.econbiz.de/10013121921