Showing 1 - 9 of 9
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
's affordable, sustainable standard of living in retirement. Both stylized households and actual households from the Health and … Retirement Study are examined. We assume that workers commence Social Security benefits when they retire. The basic result is … that delaying retirement by 3-6 months has the same impact on the retirement standard of living as saving an additional one …
Persistent link: https://www.econbiz.de/10012453487
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 the labor supply impact of a 2016 policy that allows retirement-eligible individuals covered by Peru …'s private pension system to receive retirement benefits as a lump sum rather than as an annuity. We present a theoretical model …) more attractive relative to informal employment (not requiring pension participation); it also encourages early retirement …
Persistent link: https://www.econbiz.de/10014528419
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
We examine optimal retirement saving for young adults in a life cycle model. We find that for liquidity …-constrained young adults who anticipate significant earnings growth, optimal retirement saving is zero. Specifically, we find that with … a plausible wage profile for college-educated workers, retirement saving does not begin until the late 30s or early 40s …
Persistent link: https://www.econbiz.de/10012482614
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
countries that have high take up rates, inducing early retirement …
Persistent link: https://www.econbiz.de/10012461606