Showing 1 - 10 of 1,154
This paper analyzes the incentives provided by the Italian Social Security System (SS) to supply labor. Italy is an … all retirement income is in the form of SS benefits; (4) the existence of an early retirement provision, which attracts no … actuarial penalty, greatly distorts choices in favor of early retirement. This paper addresses the above issue by first …
Persistent link: https://www.econbiz.de/10012472659
containing all males and females born in Sweden between 1927 and 1950 and observe their retirement behavior during 1991-2012. The … effect towards later retirement through lower replacement levels, it also implied a lower price on leaving the labor market … measured by Social Security Wealth, defined at each hypothetical retirement age, and a variable measuring the implicit tax …
Persistent link: https://www.econbiz.de/10014421225
We show how the economic incentives to remain in the labor force induced by Sweden's public old-age pension system and disability insurance program have changed between 1980 and 2015. Based on earnings histories for different hypothetical individuals corresponding to groups by gender and...
Persistent link: https://www.econbiz.de/10012481041
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/10012471588
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …
Persistent link: https://www.econbiz.de/10012464002
All across Europe, old age labor force participation has declined dramatically during the last decades. This secular trend coincides with population aging. The European social security systems therefore face a double threat: retirees receive pensions for a longer time while there are less...
Persistent link: https://www.econbiz.de/10012472033
schemes such as social security and disability insurance, and from private arrangements, such as early retirement and … occupational pensions. In general, the generous replacement rates offered by these schemes act as powerful stimuli for retirement …. Although Dutch research into the retirement effects of the earnings replacing schemes for the elderly was limited until the …
Persistent link: https://www.econbiz.de/10012472678
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the … extending the methodology to study retirement behavior used in the second phase to focus in particular on the effects of the DI …
Persistent link: https://www.econbiz.de/10012458544
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/10012472602
This paper quantifies the effect of a policy-induced sharp increase in retirement ages on input mix and economic … total labor costs at constant labor productivity and unit labor costs. The findings suggest rising institutional retirement …
Persistent link: https://www.econbiz.de/10012482624