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Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the … the labor force participation of younger persons in twelve countries. We found no evidence that increasing the employment … of older persons will reduce the employment opportunities of youth and no evidence that increasing the employment of …
Persistent link: https://www.econbiz.de/10013130978
measures concur with changes in employment rates among older workers.Institutional subscribers to the NBER working paper series …
Persistent link: https://www.econbiz.de/10012906304
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
As much like other industrialized countries, in recent decades the employment rate in Germany for those aged 55 to 69 …”. We find that for both men and women the increase in the employment rate coincides with a reduction in the early … retirement incentive. The reduction of incentives mainly stems from the introduction of actuarial deductions for early retirement …
Persistent link: https://www.econbiz.de/10013297685
the one hand and old-age labor force participation or early retirement on the other hand. We explore how both are linked … childhood environment and early retirement by analyzing the retirement behavior of cohorts born during World War I, a period of … harsh living conditions among the civilian population in Germany. Our data show higher early retirement rates among those …
Persistent link: https://www.econbiz.de/10013124658
accumulated for retirement. This paper addresses three important adjustments channels to dampen these detrimental effects of … ageing: investing abroad, endogenous human capital formation and increasing the retirement age. Although non of these … retirement age has strong effects. Under these adjustments maximum welfare losses of demographic change for households alive in …
Persistent link: https://www.econbiz.de/10013085913
many people to enter partial retirement as would leave full-time work, so that total full-time equivalent (FTE) employment …This paper examines retirement and related behavioral responses to policies that on average are actuarially neutral …. Many conventional models predict that actuarially neutral policies will not affect retirement behavior. In contrast, our …
Persistent link: https://www.econbiz.de/10012777391
After presenting the Gruber-Wise analysis showing a strong effect on retirement of implicit taxes from pension rules …, with particular attention to increasing "the retirement age." Calculations are presented showing the decreases in benefits … for an increase in the normal retirement age in the US and the years of service for a full benefit in France …
Persistent link: https://www.econbiz.de/10013223607
A structural dynamic model of retirement and saving is used to simulate the retirement effects of proposals made by the … reduce retirements at age 62 by roughly 4 percentage points, mitigating an 8.7 percentage point trend to earlier retirement …
Persistent link: https://www.econbiz.de/10013225974
examination of the potential magnitudes of such bequests and of their effect on retirement annuities and asset accumulation. The … most likely form of bequest, the preretirement bequest' made when employees die before normal retirement age, reduces the … funds available for post-retirement annuities by about 16 percent or, equivalently, requires a one-sixth increase in the …
Persistent link: https://www.econbiz.de/10013232002