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Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the … the labor force participation of younger persons in twelve countries. We found no evidence that increasing the employment … of older persons will reduce the employment opportunities of youth and no evidence that increasing the employment of …
Persistent link: https://www.econbiz.de/10012458544
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the … eliminate the incentives for older persons to leave the labor force, claiming that the consequent increase in the employment of … older person would reduce the employment of younger persons. The validity of such claims is addressed in this volume …
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
I investigate how the relationship between health status and retirement among older men has changed since 1900 using …, suggesting that health is now less important to the retirement decision than in the past. The difference in the relative risk of … incorporation of the old and disabled into the labor force may therefore have a minimal impact on retirement rates. The findings …
Persistent link: https://www.econbiz.de/10012473975
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
measures concur with changes in employment rates among older workers …
Persistent link: https://www.econbiz.de/10012481041
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
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
studies the impact of those incentive-based reforms on observed changes in older workers' employment patterns. We investigate … how social security incentives and particularly their changes over time can explain the retirement decision. We calculate … indicators of benefit entitlement and derive retirement incentive measures. Using micro-estimation techniques, we find that more …
Persistent link: https://www.econbiz.de/10014337786
Many major government programs transfer resources to older people and implicitly or explicitly tax their labor. In this paper, we shed new light on the labor supply effects of such programs by investigating the Old Age Assistance Program (OAA), a means-tested and state-administered pension...
Persistent link: https://www.econbiz.de/10012454971