Showing 1 - 10 of 682
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 … rewards does not balance the loss from foregone current benefits. Using data from the Health and Retirement Study, we find …
Persistent link: https://www.econbiz.de/10005828535
. CPS and Health and Retirement Study (HRS) data indicate a corresponding difference of 3 percentage points between 1998 and … 2004. Simulations with a structural retirement model suggest changes in Social Security rules between 1992 and 2004 … men ages 65 to 67. These rule changes encourage deferring retirement from long term jobs, returning to full time work …
Persistent link: https://www.econbiz.de/10005774979
This paper tests whether income affects the body weight and clinical weight classification of elderly Americans using a natural experiment that led otherwise identical retirees to receive significantly different Social Security payments based on their year of birth. We exploit this natural...
Persistent link: https://www.econbiz.de/10005575621
This paper uses the receipt of an inheritance to measure the effect of wealth shocks on retirement. Using the Health … and Retirement Study (HRS), we first document that inheritance receipt is common among older workers %u2013 one in five … receipt is associated with a significant increase in the probability of retirement. In particular, we find that receiving an …
Persistent link: https://www.econbiz.de/10005828645
This paper specifies and estimates a structural dynamic stochastic model of the way individuals make retirement and … saving choices in an uncertain world, and applies that model to analyze the effects of the stock market bubble on retirement … behavior. The model includes individual variation both in retirement preferences and in time preferences. Estimates are based …
Persistent link: https://www.econbiz.de/10005828933
Health and Retirement Study (HRS), for 60 percent of total wealth of HRS households who are in the 45th to 55th wealth …
Persistent link: https://www.econbiz.de/10005829059
A structural retirement model estimated with data from the Health and Retirement Study is used to simulate the effects … of policies firms might adopt to improve employment conditions for older workers and thereby encourage delayed retirement …, while reducing full time work and full retirement, resulting in only a small net increase in full-time equivalent employment …
Persistent link: https://www.econbiz.de/10005829447
the alpha release of the new Health and Retirement Survey (HRS) to examine the extent to which variation in health and job …
Persistent link: https://www.econbiz.de/10005829755
The apparent success of Chile's pension reform catalyzed a number of subsequent" reforms in sister Latin American nations, and the Chilean model' has now captivated the" attention of policymakers and researchers in the OECD as well. In this paper we identify six" critical elements of old-age...
Persistent link: https://www.econbiz.de/10005829942
factors which might influence labor force participation decisions and the effects such decisions will have on retirement … income and its adequacy for a growing elderly population. While models of retirement behavior are becoming increasingly … affecting the labor supply decision, their interactions with and implications for subsequent retirement income, and identifies …
Persistent link: https://www.econbiz.de/10005829950