Showing 41 - 50 of 2,134
payments from husbands to their (non-working) wives, thereby substantially reducing the implied tax on the husband's employment … while keeping overall household wealth constant.Using administrative social security data, we estimate extensive … for employment, we find that working an additional full year at old age decreases longevity. This mortality effect occurs …
Persistent link: https://www.econbiz.de/10012833252
practice decide if an application should be accepted or not. We find that both the effects on pension wealth of taking a part …
Persistent link: https://www.econbiz.de/10013158057
This paper presents results on the effect of formal life-long learning on the decision to retire early. Specifically, I estimate an Option Value model based on individual employer-employee longitudinal data including comprehensive government co-sponsored training records dating back more than 30...
Persistent link: https://www.econbiz.de/10013111207
To estimate the effects of large cuts in pensions on the age of first benefit receipt, we exploit two natural experiments in which such cuts affect a group of repatriated ethnic German workers. The pensions were cut by about 12%, yet, according to our regression discontinuity estimates based on...
Persistent link: https://www.econbiz.de/10013029142
We study the welfare effects of earnings testing flat-rate old-age benefits in a quantitative overlapping generations model with idiosyncratic labor income risk. In our model economy, even a moderate earnings testing reduces individuals' expected lifetime utility, whenever other taxes are taken...
Persistent link: https://www.econbiz.de/10012777462
Population aging is typically associated with economic challenges for productivity and financial threats for the old-age financial protection system of a country. This paper takes an optimistic position and outlines key ingredients to make it a successful experience. Yet to turn this challenge...
Persistent link: https://www.econbiz.de/10013076798
We use reforms in the Swiss public retirement system to identify the responsiveness of retirement timing to financial incentives. A permanent reduction of retirement benefits by 3.4 percent induces more than 70 percent of females to postpone their retirement. The responsiveness of male workers,...
Persistent link: https://www.econbiz.de/10013317296
There are two major barriers to increasing employment of older workers. First, older workers engaged in codifiable … reinforce each other to push older workers out of employment. We find that older workers who are more exposed to digital … technologies are more likely to leave employment, and that this effect is significantly magnified when they are eligible to an …
Persistent link: https://www.econbiz.de/10013252375
We study the labor supply implications of the Old-Age Pension Act (OPA) of 1908, which, for the first time, provided pensions to older people in the UK. Using recently released census data covering the entire population, we exploit variation at the newly created age-based eligibility threshold....
Persistent link: https://www.econbiz.de/10014088218
In several countries where pensions are reformed and the retirement age is increased, the issue came up to make an exception for workers with demanding occupations, since health considerations may make it unreasonable to expect them to work longer. We analyze unique Dutch survey data on the...
Persistent link: https://www.econbiz.de/10013012804