Showing 1 - 10 of 188
system on retirement decisions. The 1992 reform is an interesting example since it was implemented when: (a) the system was … very generous to retirees; (b) the demographic context was dramatic;(c) an early retirement provision, and no actuarial … fairness, distorted retirement choices. I use the reform as a natural experiment and exploit its differential effect on …
Persistent link: https://www.econbiz.de/10005029694
at older ages. I assess my conjecture quantitatively with a life cycle general equilibrium model of retirement. At ages …
Persistent link: https://www.econbiz.de/10009403451
equilibrium model of retirement. I find that the differences in social security can indeed account for the differences in …
Persistent link: https://www.econbiz.de/10008549596
observations suggest that they might be an important contributing factor in accounting for differences in retirement. I assess … quantitatively the importance of these features using a life cycle general equilibrium model of retirement. I find that the … important contributing factors to account for the differences in retirement. …
Persistent link: https://www.econbiz.de/10008540982
older ages. This conjecture is assessed quantitatively with a life cycle general equilibrium model of retirement. At ages 60 …
Persistent link: https://www.econbiz.de/10011107614
In this paper I will introduce a new political economy model, where there exists a competition amongst two political candidates, which aim to set a policy which enables them to win elections, max- imising the probability of winning. I will show that, if taxes neces- sary to repay the debt are...
Persistent link: https://www.econbiz.de/10005616677
support to the worries that partial retirement is a tool that helps in increasing the labour force participation of the aging … interesting question is also whether the timing of retirement and willingness to work after retirement are related. We use data on … the aspirations of individuals regarding their old-age retirement behaviour to estimate a multivariate probit model with …
Persistent link: https://www.econbiz.de/10005623299
In this paper I analyse a labour market where the wage is endogenously determined according to an Efficient Bargaining process between a firm and a labour union whose members are partitioned into two social groups: the old and the young. Furthermore, I exploit the Single-Mindedness theory, which...
Persistent link: https://www.econbiz.de/10005789327
This paper investigates the future development of the Austrian population for the period from 2005 to 2035. The main focus of our investigation lies on the working age population and its age structure. Our calculations are based on the population projection released by Statistik Austria in 2005....
Persistent link: https://www.econbiz.de/10005789467
-national analyses of this topic using micro data are, however, widely missing. Using the SHARE (Survey of Health, Aging and Retirement …Early retirement of workers is used by firms as means to rejuvenate their workforces. In principle, workers can either … simply be laid off or can be offered an early retirement option combined with a financial bonus. However, dismissing masses …
Persistent link: https://www.econbiz.de/10008552803