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We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...
Persistent link: https://www.econbiz.de/10014356760
We study the retirement effects on mental health using a fuzzy regression discontinuity design based on the eligibility … status. Retirement of partnered men positively affects mental health of both themselves and their partners. Single men … retiring experience a drop in mental health. Female retirement has hardly any effect on their own mental health or the mental …
Persistent link: https://www.econbiz.de/10012858496
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
transfers can have important implications for family decisions. This paper estimates the effects of parental retirement on adult … exploit eligibility ages for early retirement for identification in a regression discontinuity design. The results show that … parent's early retirement significantly increases the probability of childbirth for adult children. However, parental …
Persistent link: https://www.econbiz.de/10012840452
-calculation window, combined with the discrete change in the probability of retirement at the minimum retirement age. We find that … retirement age, reaching a 3% increase on average. This is not the case for employees of large firms, where earnings …
Persistent link: https://www.econbiz.de/10012840954
We provide empirical evidence that the removal of work disincentives embedded in retirement earnings tests can increase … based on a reform of the Norwegian early retirement program, which entailed that adjacent birth cohorts were exposed to … completely different work incentives from age 62. The reform removed a strict retirement earnings test such that pension wealth …
Persistent link: https://www.econbiz.de/10012843153
hundred age brackets and we investigate how changes in the birth rates, survival rates, and the retirement age affect the …
Persistent link: https://www.econbiz.de/10012843162
Do people form correct expectations about the impact of retirement on their health? This paper looks at unexpected … the problem of reverse causality (running from health condition to retirement). Our findings indicate that retirement … vary in the same way, i.e. improve unexpectedly after retirement for men. These findings suggest that, at least in the case …
Persistent link: https://www.econbiz.de/10012930961
Several reforms increased the state pension age (SPA) in the UK and equalised it to age 65 for both men and women. We use panel data and a difference-in-difference approach to comprehensively analyse the direct and indirect effects of these reforms, investigating mechanisms for indirect effects....
Persistent link: https://www.econbiz.de/10012825603
support changes around retirement. We also examine whether social support moderates dynamics in mental wellbeing around … retirement and consider both own and spouse's retirement. Using longitudinal data from Australia, we find little effect of own or … spouse's retirement on social support. However, in fixed-effects models, dynamics in mental wellbeing are significantly …
Persistent link: https://www.econbiz.de/10012829931