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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
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
Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be … identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most … prominent ones. We analyze the retirement decision of Belgian workers adopting an option value framework, and pay special …
Persistent link: https://www.econbiz.de/10013071759
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 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
We investigate how Japanese men aged 60-74 adjust their workforce attachment after beginning to receive a public pension. Men who were employees at age 54 gradually move to part-time work or retire after beginning to receive pension benefits; those who continue working are more likely to be...
Persistent link: https://www.econbiz.de/10013001853
increasing the employment rate of older workers. The main policies of the ISP consist in a pension bonus, reductions in employers …' social security contributions and measures discouraging early retirement while encouraging working time reductions at the end … of the career. We aim at evaluating the overall effectiveness of the ISP in rising the employment rate of older workers …
Persistent link: https://www.econbiz.de/10013016379
After nearly a full century of decline, the Labor Force Participation Rate (LFPR) of older men in the United States leveled off in the 1980s, and began to increase in the late 1990s. We use a time series of cross sections from 1962 to 2005 to model the LFPR of men aged 55-69, with the aim of...
Persistent link: https://www.econbiz.de/10013316854
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