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This paper analyzes the incentives provided by the Italian Social Security System (SS) to supply labor. Italy is an … all retirement income is in the form of SS benefits; (4) the existence of an early retirement provision, which attracts no … actuarial penalty, greatly distorts choices in favor of early retirement. This paper addresses the above issue by first …
Persistent link: https://www.econbiz.de/10013231203
We show how the economic incentives to remain in the labor force induced by Sweden's public old-age pension system and disability insurance program have changed between 1980 and 2015. Based on earnings histories for different hypothetical individuals corresponding to groups by gender and...
Persistent link: https://www.econbiz.de/10012906304
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …
Persistent link: https://www.econbiz.de/10012757997
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the … methodology to study retirement behavior used in the second phase to focus in particular on the effects of the DI programs. The …
Persistent link: https://www.econbiz.de/10013053852
All across Europe, old age labor force participation has declined dramatically during the last decades. This secular trend coincides with population aging. The European social security systems therefore face a double threat: retirees receive pensions for a longer time while there are less...
Persistent link: https://www.econbiz.de/10013219975
The Social Security earnings test reduces benefits at a 33-50% rate once earnings pass a threshold amount - among the highest marginal tax rates in the economy. Previous research dismissed the importance of the earnings test but failed to take advantage of three changes in the earnings test...
Persistent link: https://www.econbiz.de/10013243623
schemes such as social security and disability insurance, and from private arrangements, such as early retirement and … occupational pensions. In general, the generous replacement rates offered by these schemes act as powerful stimuli for retirement …. Although Dutch research into the retirement effects of the earnings replacing schemes for the elderly was limited until the …
Persistent link: https://www.econbiz.de/10013324606
This paper estimates the effects on steady state retirement by men of changes in pension" plans and social security in … from the 1969-79 Retirement History" Study and the 1983 and 1989 Surveys of Consumer Finances. Simulations with a … structural" retirement model suggest that the long run effects of changes in pension plans and social security" account for about …
Persistent link: https://www.econbiz.de/10013221842
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …
Persistent link: https://www.econbiz.de/10013130978
retirement incentive. The reduction of incentives mainly stems from the introduction of actuarial deductions for early retirement … and from the abolishment of specific early retirement pathways …
Persistent link: https://www.econbiz.de/10013297685