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. Conventional analyses of wage profiles pool all waqe observations without distin-guishing among individuals according to retirement …Older workers are likely to face different wage offers for work while not retired than for work while partially retired … status.Our empirical analysis suggests the following conclusions.1)Wages for work while not retired and for work while …
Persistent link: https://www.econbiz.de/10012478104
Study to investigate whether workers in federal, state, and local government receive more generous wage and pension … compensation than private sector workers, ceteris paribus. With respect to hourly remuneration (wages plus employer contributions … taking jobs in the public sector, either with respect to wages or pension wealth …
Persistent link: https://www.econbiz.de/10012459208
We propose using penalized withdrawals from retirement savings accounts, identified from U.S. tax records, as a …
Persistent link: https://www.econbiz.de/10013191101
We show how the economic incentives to remain in the labor force induced by Sweden's public old-age pension system and …
Persistent link: https://www.econbiz.de/10012481041
Twenty years ago, the adjustment to monthly Social Security benefits for early or delayed claiming was, on average … much more attractive thanks to three factors: a more generous delayed retirement credit, improvements in mortality, and …
Persistent link: https://www.econbiz.de/10013537737
service pensioners is eligible to receive Social Security benefits because a part of their working careers was spent in Social … the expected wait until the pension commences affect the timing of retirement from the Federal service. (2) The rate of …We consider the retirement behavior of civilian employees of the United States government. Unlike previous studies …
Persistent link: https://www.econbiz.de/10012478313
pensions, and Social Security profiles available at alternative retirement ages. Then we examine four specific changes in the … structure of Social Security benefits: raising the normal retirement age, delaying the cost-of-living adjustment, lowering early … retirement benefits, and increasing late retirement payments. Behavioral parameters are estimated using an ordered logit model of …
Persistent link: https://www.econbiz.de/10012477744
recent economics literature on pensions, earnings, and retirement. Section I develops the life cycle context for analyzing …Does retirement behavior react predictably to economic incentives? Evidence on this question would be useful to policy … makers responsible for work and retirement programs affecting the elderly. This paper reviews the lessons and limitations of …
Persistent link: https://www.econbiz.de/10012478343
This study examines empirically whether social security influences the retirement decisions of individuals. The … social security can bring about. The other way has to do with how the system changes compensation for work. Social security …'s income and substitution effects are included in a model for examining retirement decisions. This model is based on the model …
Persistent link: https://www.econbiz.de/10012478381
Improved understanding of retirement behavior is a key to better understanding of many important economic problems. In … as close as we can come to a general "social experiment," real Social Security benefits were increased substantially for … the period we study the retirement patterns of a cohort of white males: 28% on average between 1970 and 1972, with the …
Persistent link: https://www.econbiz.de/10012478462