Showing 1 - 10 of 297
Retirement income security refers to the ability of households to provide an adequate stream of income during the … period of their retirement from the labor force. Expected retirement income is based of four components: (i) standard non … that both Black and Hispanic households made remarkable progress in terms of mean and median retirement income, poverty …
Persistent link: https://www.econbiz.de/10014337766
predominantly by making (early) retirement schemes actuarially fair from 2006 onwards. The increase in disability insurance's income …
Persistent link: https://www.econbiz.de/10014337780
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 … generous retirement provision contribute to earlier retirement. Counterfactual reform simulations show strongly incentivizing …
Persistent link: https://www.econbiz.de/10014337786
China's distinctive demographic landscape, early retirement policies, and deeply ingrained gender norms provide a … unique backdrop for investigating gender disparities in retirement and subjective well-being. Drawing upon data from the … retirement rates, surging by 19 percentage points for males and 13 percentage points for females in proximity to this age …
Persistent link: https://www.econbiz.de/10014421205
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
a first-order way on the structure of retirement policies. Using German data, we first present reduced-form evidence of … with retirement policies. Accounting for interactions across UI and retirement institutions also helps explain otherwise …
Persistent link: https://www.econbiz.de/10014421233
such as occupational licensing may influence how individuals transition to retirement. When and how workers transition from … career jobs to full retirement may contribute to pre- and post-retirement well-being. Previous investigations of retirement … pathways focused on the patterns and outcomes of retirement transitions, yet the influence of occupational licensing on …
Persistent link: https://www.econbiz.de/10014512146
retirement and hence creating job vacancies for the young, improve the allocation of workers to jobs in the labor market? Using a … standard model of labor market search, we establish that the equilibrium with no policy-induced retirement can be efficient …. Even under worst-case parameterizations of our model, we find that public retirement programs pay the elderly substantially …
Persistent link: https://www.econbiz.de/10012470125
Using the 1995 Survey of Consumer Finances and an elaborate life-cycle model, we quantify the potential financial impact of each individual's death on his or her survivors, and we measure the degree to which life insurance moderates these consequences. Life insurance is essentially uncorrelated...
Persistent link: https://www.econbiz.de/10012470174
Using data from the Health and Retirement Study, this paper creates variables measuring knowledge about future social … misinformation, imprecision and lack of information about retirement benefits is the norm. Those who are most dependent on social … best informed about their pension benefits. Women and minorities are less well informed about both types of retirement …
Persistent link: https://www.econbiz.de/10012470312