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assess the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male ….We show that retirement expectations are in line with realizations and that the reform had the intended effect on the …
Persistent link: https://www.econbiz.de/10012915326
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
Across the world, pension systems and their reforms are in a constant state of flux driven by shifting objectives, moving reform needs, and a changing enabling environment. The ongoing worldwide financial crisis and the adjustment to an uncertain “new normal” will make future pension systems...
Persistent link: https://www.econbiz.de/10013099759
's retirement decision. Using administrative pension insurance records from Germany, I examine the impact of a pension subsidy …
Persistent link: https://www.econbiz.de/10012910725
I estimate the effect of additional pension benefits on women's retirement decisions by examining a German pension …
Persistent link: https://www.econbiz.de/10012890153
women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons …-off between later retirement versus increased work intensity, produce relevant background facts, and provide estimates of the …
Persistent link: https://www.econbiz.de/10013148323
Old-age pensions in the NDC systems reflect the accumulated lifetime labour income. Interrupted careers and differences in the employment rates, particularly between men and women will have a significant impact on pension incomes in NDC countries. In the paper, we compare the labour market...
Persistent link: https://www.econbiz.de/10012926703
-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
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
This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …
Persistent link: https://www.econbiz.de/10013251539