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individuals' employment, retirement and consumption decisions. Our modeling approach allows life expectancy and the nature of the … public pension system to influence the decisions of forward-looking individuals planning for retirement. We calculate that …, increasing the full pensionable age generates the largest responses in labor supply and retirement behavior. …
Persistent link: https://www.econbiz.de/10011112153
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
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
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
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
: Longitudinal data was drawn from the Health and Retirement Survey and the RAND-HRS data base for more than 6,000 individuals aged … of six measures including: self-rated health; self-rated memory; activities of daily living; instrumental activities of … work on mood indicators and mortality. For those forced into retirement (20% of the sample), work is not an alternative …
Persistent link: https://www.econbiz.de/10005616686
This article explores the potential effects of retirement on mental health and health care utilisation isolating … sources of potential heterogeneity in treatment effect. To estimate the effects of retirement, we devise a new identifying … British Household Panel Survey, a rich representative longitudinal survey. It is found that retirement has a small impact on …
Persistent link: https://www.econbiz.de/10011111117
, defined benefit pension schemes that are not actuarially fair, can create incentives for early retirement, and therefore … generated by a pension system, the paper develops an indicator to predict the age-specific retirement probabilities induced by a …
Persistent link: https://www.econbiz.de/10005260077
In this paper I will analyse the redistribution of income amongst n generations using the Single-mindedness Theory. I will introduce a new expression for the balanced-budget constraint, no longer based on lump- sum transfers as in the traditional literature, but rather on more realistic labour...
Persistent link: https://www.econbiz.de/10005835397
This very brief paper aims to provide some little microeconomic hints in order to explain the early retirement of … benefits are all factors which may contribute to force a worker to retire before he reached the retirement age. …
Persistent link: https://www.econbiz.de/10005837373