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We provide an overview of the institutional framework in Belgium that is of relevance for labor market participation and retirement decision at older ages. We then describe key labor market indicators using data from the Labour Force Survey (LFS) over the period 1983‐2013 and also present...
Persistent link: https://www.econbiz.de/10012983582
Recent studies analyzed the effect of retirement on mental and physical health. Some of them find that retirement yields a loss in cognitive skills while others find that retirement preserves physical health. When analysing the effect of retirement against work activity, these studies do not...
Persistent link: https://www.econbiz.de/10014152574
In many European countries, the labor market participation of older workers is considerably lower than the labor market participation of prime-age workers. This study analyzes the variation in labor market withdrawal of older workers across 13 European countries over the period 1995-2008. We...
Persistent link: https://www.econbiz.de/10014036822
This paper examines policies for the decumulation of pension wealth in the Netherlands. It suggests a design framework … in the Netherlands – and in sharp contrast to most other developed countries – this framework suggests that the welfare … of citizens in the Netherlands might be improved by reducing the level of mandatory annuitization in order to address …
Persistent link: https://www.econbiz.de/10013128760
We study the impact of human capital on life-cycle portfolio choice using Dutch data. A distinction is made between the riskless view of human capital as having bond-like characteristics, and the risky conception of future wage income having stock-like properties. As in Benzoni, Collin-Dufresne,...
Persistent link: https://www.econbiz.de/10013129995
Netherlands. Dutch pension funds traditionally are strong in organizing intergenerational risk sharing. There is a nationwide …
Persistent link: https://www.econbiz.de/10013130547
costs across Australia, Canada, the Netherlands, and the US. We find that, except for Canada, large unused economies of …
Persistent link: https://www.econbiz.de/10013132754
We analyze expectations of the Dutch population of ages 25 and older concerning the future generosity of Dutch state and occupational pensions, the two main pillars of the Dutch pension system. Since the summer of 2006, monthly survey data were collected on the expectations of Dutch households...
Persistent link: https://www.econbiz.de/10013133788
This paper examines the impact of participants' age distribution on the asset allocation of Dutch pension funds, using a unique data set of pension fund investment plans for 2007. Theory predicts a negative effect of age on (strategic) equity exposures. We observe that pension funds do indeed...
Persistent link: https://www.econbiz.de/10013134156
We study the causal relation between private wealth and retirement age. We propose two estimation strategies based on expected retirement age. The outcome variable is observed repeatedly over time. We correct first for the unobserved heterogeneity in the disutility of work by using panel data...
Persistent link: https://www.econbiz.de/10013134872