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Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the … strong relationship across countries between social security incentives to retire and the proportion of older persons out of … to reduce or eliminate the incentives for older persons to leave the labor force, claiming that the consequent increase …
Persistent link: https://www.econbiz.de/10012757997
In this paper, we analyze the association between financial incentives and retirement decisions using aggregate data … examine its correlation with employment rates for older workers. The results suggest that financial incentives play a role in …
Persistent link: https://www.econbiz.de/10012906444
strong work incentives for older men. The reason is that, for most workers, higher current earnings lead to higher future … social security benefits. These incentives have been particularly strong for workers under 65 years of age and, although they …
Persistent link: https://www.econbiz.de/10013219325
Many provisions of the Social Security Program distort an individual's labor supply incentives. In particular, the …
Persistent link: https://www.econbiz.de/10013240573
project document that social security program provisions can create powerful incentives for retirement that are strongly … these changing incentives and examine how changing incentives may have affected retirement behavior …
Persistent link: https://www.econbiz.de/10012907741
incentives to go on working until being eligible for a full" pension, even if mandatory complementary schemes soften incentives …
Persistent link: https://www.econbiz.de/10013222061
manner that creates incentives for prospective SSI recipients to take social security early retirement (SSER). This paper …
Persistent link: https://www.econbiz.de/10013240939
One of the most striking features of the postwar U.S. economy has been the rapid decrease in the labor force participation of the elderly at a time when the health of this group has been improving. In spite of this, previous research, based on retrospective interviews with the retired...
Persistent link: https://www.econbiz.de/10013324027
can be explained by the availability of publicly-funded disability insurance and the financial incentives provided by … affected by financial incentives. A one standard deviation change in the option value is estimated to reduce the likelihood of … exit probability of 9.4%. This suggests the variation in financial incentives across different individuals could explain a …
Persistent link: https://www.econbiz.de/10013058259
framing experiment, which shows that how the incentives for delayed claiming are presented has an impact on hypothetical …
Persistent link: https://www.econbiz.de/10013046154