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Media reports predicted that the stock market decline in October 2008 would cause changes in retirement intentions, due … to declines in retirement assets. We use panel data from the Health and Retirement Study to investigate the relationship … between stock market performance and retirement intentions during 1998-2008, a period that includes the recent crisis. While …
Persistent link: https://www.econbiz.de/10013139900
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the … participation of older workers. The third phase demonstrated the consequent fiscal implications that extending labor force …
Persistent link: https://www.econbiz.de/10012757997
probabilities to be admitted DI we show how changes in the stringency of DI admittance affects labor supply among older workers …
Persistent link: https://www.econbiz.de/10013053851
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the … participation of older workers. The third phase demonstrated the consequent fiscal implications that extending labor force … older persons will increase the unemployment of youth. The fifth phase on "Historical Trends in Mortality and Health …
Persistent link: https://www.econbiz.de/10013053852
identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most … prominent ones. We analyze the retirement decision of Belgian workers adopting an option value framework, and pay special …Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be …
Persistent link: https://www.econbiz.de/10013055508
We analyze the influence of health and financial incentives on the retirement behavior of older workers in France … retirement, disability insurance (DI) and unemployment/preretirement pathways, and is estimated with a combination of …, building upon Stock and Wise (1990) option value approach. The model accounts for three main retirement routes: the normal …
Persistent link: https://www.econbiz.de/10013055512
pensions for a longer time while there are less workers per retiree to shoulder the financial burden of the pension systems …
Persistent link: https://www.econbiz.de/10013219975
I investigate how the relationship between health status and retirement among older men has changed since 1900 using …, suggesting that health is now less important to the retirement decision than in the past. The difference in the relative risk of … incorporation of the old and disabled into the labor force may therefore have a minimal impact on retirement rates. The findings …
Persistent link: https://www.econbiz.de/10013222913
The paper is an empirical cross-section study of the retirement decisions of American white men between the ages of 58 … circumstances of older workers. The two equations are estimated jointly by maximum likelihood, which takes into account the …). The model is reasonably successful in predicting retirement decisions, and casts serious doubt on previous claims that the …
Persistent link: https://www.econbiz.de/10013226093
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