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Cross-national comparisons of data from developed countries offer useful insights into the retirement process and … Aging and Retirement (JSTAR) project, and we compare these with results in the U.S. Health and Retirement Study (HRS). We … examine the relative importance of health, wealth, family, and other factors in work and retirement at older ages cross …
Persistent link: https://www.econbiz.de/10013080488
search behavior of households. The research finds that, even though a direct transition from a career job to full retirement …
Persistent link: https://www.econbiz.de/10011980313
The labor supply and benefit claiming incentives provided by the early retirement rules of the Social Security Old Age … benefits program are of growing importance as the Normal Retirement Age (NRA) increases to 67, the labor force participation of … Health and Retirement Survey. We then investigate the importance of the Earnings Test limits for work and claiming behavior …
Persistent link: https://www.econbiz.de/10014210714
experienced by all workers in this recession, could mean that laid-off disabled workers in their pre-retirement years may never … return to work. In this paper, we use data from the 2004-2010 waves of the Health and Retirement Study to examine how the …-being of disabled individuals nearing retirement …
Persistent link: https://www.econbiz.de/10013088002
. Using data from the Health and Retirement Study and the Medical Expenditure Panel Survey, we estimate a dynamic programming … model of retirement that accounts for both saving and uncertain medical expenses. Importantly, we model the two key channels …
Persistent link: https://www.econbiz.de/10012963889
supply, and retirement. Unlike all previous work, our model allows both an endogenous wage process (which is typically … the model and match the life-cycle profiles of wages, hours and retirement from SIPP data. We analyze the impact of health … shocks on retirement, as well as the effect of changes in payroll taxes and increases in the Normal Retirement Age on labor …
Persistent link: https://www.econbiz.de/10012929436
We develop a rich model to study the complex interrelationship between health insurance and retirement decisions. The … model of optimal wealth and retirement decisions, solving the model household-by-household using data from the HRS. We use …
Persistent link: https://www.econbiz.de/10013061196
This paper is based on a structural model of retirement and saving, estimated with data for a sample of married men in … the Health and Retirement Study. It explains the relation of specific features of Social Security - the benefit amount …, the early entitlement age, the normal retirement age, earnings test parameters, and the delayed retirement credit - to the …
Persistent link: https://www.econbiz.de/10014220212
. Here we show that social security income (i.e., income from public, industry-wide, insurance-based, retirement and …
Persistent link: https://www.econbiz.de/10014220907
willing to take some risk, investments in the stock market could increase their economic preparation for retirement, and …
Persistent link: https://www.econbiz.de/10013096620