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social security reforms. We further estimated the association of ITAX with an individual's decisions concerning retirement … forms on retirement based on the estimated regression parameters. The results showed that a higher ITAX drove individuals …
Persistent link: https://www.econbiz.de/10014322857
We examine respondents in the Health and Retirement Study (HRS) to observe how their financial situations unfolded as … retirement, and progress through their retirement years, and (b) labor force participation declined and thus earnings became less … important with age, while Social Security and retirement savings rose as a proportion of annual income …
Persistent link: https://www.econbiz.de/10012510599
to lift the age of mandatory retirement. Evidence on a longitudinal sample of pension plans from 1960 to the present … suggests:(1) During the 1960-70 period, Social Security increases generated changes in pensions favoring early retirement; and … retirement age …
Persistent link: https://www.econbiz.de/10012477505
This paper examines the role of economic factors in determining retirement behavior using a unique new data archive on … different retirement models including linear as well as discrete choice formulations. This framework provides new insights into … how andwhy retirement ages differ across firms. We conclude that older workers' income opportunities differ depending on …
Persistent link: https://www.econbiz.de/10012477974
capacity for work on older men's retirement. Traditional self-ratings of poor health are tested against more objectively … measured instruments. Using the Health and Retirement Study (HRS), we find that health problems influence retirement plans more …
Persistent link: https://www.econbiz.de/10012472300
ages. Using data from both the Health and Retirement Study (HRS) and the National Financial Capability Study (NFCS), we …. When we explore the reasons for delayed retirement among older women, factors include education, more marital disruption … retirement planning include having more education and greater financial literacy. Those who report excessive amounts of debt and …
Persistent link: https://www.econbiz.de/10012456073
This paper explores the extent to which older Japanese can potentially expand the labor supply, based on two analytic approaches: the Milligan-Wise and Cutler et al. methods. First, we examine how much older individuals could work if they worked as much as those with the same mortality rate in...
Persistent link: https://www.econbiz.de/10012456703
We examine how the change in the trend of the elderly's employment rates has been associated with changes in incentives of social security and its related programs in Japan since the 1980s. We compute the tax force to retire early, using the institutional parameters and synthetic earnings...
Persistent link: https://www.econbiz.de/10012480894
Japan experienced increases in labor force participation (LFP) of the elderly in recent years, as have other advanced countries. In the present study, we overview the employment trend of the elderly in Japan, and examine what factors have contributed to its increase since the early 2000s....
Persistent link: https://www.econbiz.de/10012453104
This study examined the factors that affect the retirement decisions of the middle-aged and elderly in Japan, focusing … the OV model proposed by Stock and Wise (1990a, 1990b), we found that the probability of retirement has a negative and … Japan--where being enrolled in the disability program is unlikely to make one a candidate for the retirement path …
Persistent link: https://www.econbiz.de/10012458663