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. It is likely that the individual level of wealth will become an increasingly important factor in the retirement decision … through 2001, we analyse the impact of wealth, savings, and debt position on job exit rates. We find evidence for a positive …
Persistent link: https://www.econbiz.de/10010271873
important to include a rich set of observed characteristics in an empirical model for retirement in order to measure the …
Persistent link: https://www.econbiz.de/10010268883
left on the labor market prior to retirement. This short horizon implies a more digressive replacement ratio. However …, there is a sufficiently short distance to retirement for which flat unemployment benefits can be the optimal contract as the … optimal contract that integrates unemployment insurance and retirement pension systems. …
Persistent link: https://www.econbiz.de/10010269168
As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement … propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …: the retirement decision of unemployed workers depends on the labor-market frictions whereas that of employed workers does …
Persistent link: https://www.econbiz.de/10010282314
-migrant. Although migrants lose their original social networks whilst overseas, savings and human capital accumulation acquired abroad … provides an opportunity for human and physical capital accumulation but, at the same time, may lead to a loss of social capital …
Persistent link: https://www.econbiz.de/10010269590
from the five available waves of the Health and Retirement Study (HRS) is used to investigate if the dynamics introduced by …
Persistent link: https://www.econbiz.de/10010261564
first five waves of the Health and Retirement Study. We also provide model simulations for two widely discussed reform …
Persistent link: https://www.econbiz.de/10010262042
employed. Observed covariates including wages and retirement benefits help to explain these patterns, but unobserved …
Persistent link: https://www.econbiz.de/10010262253
retirement. The results remain robust when controlling for technological change and work commitment. …
Persistent link: https://www.econbiz.de/10010268867
This paper analyzes the relationship between immigrants' retirement status and the prevalence of return migration from … conditions the probability of return migration is maximized at retirement. Reduced-form models of retirement status which control …-born men and women with the same demographic, human capital, and family characteristics. Moreover, within the immigrant …
Persistent link: https://www.econbiz.de/10010269003