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We analyse the effects of retirement of one partner on home production by both partners in a couple. Using longitudinal … data from Germany on couples, we control for fixed household specific effects to address the concern that retirement … own retirement significantly increases the amounts of home production. There are negative cross-effects of retirement on …
Persistent link: https://www.econbiz.de/10013018460
This paper studies the labor supply effects of a national delayed retirement policy introduced in 2009 in the … Netherlands. The policy offers a reduction in taxes on labor income over each year in which retirement is delayed after the age of ….5 percentage points in the three years after introduction for cohorts that were eligible before the normal retirement age. I also …
Persistent link: https://www.econbiz.de/10013001666
Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be … identified: old‐age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most … prominent ones. We analyze the retirement decision of Belgian workers adopting an option value framework, and pay special …
Persistent link: https://www.econbiz.de/10013072772
unequivocally proven. Retirement is associated with a large change in a person’s daily routine and environment. In this paper, we … propose two mechanisms how retirement may lead to cognitive decline. For many people retirement leads to a less stimulating … daily environment. In addition, the prospect of retirement reduces the incentive to engage in mentally stimulating …
Persistent link: https://www.econbiz.de/10014200780
Policy makers have often argued that an additional benefit of facilitating early retirement is that it creates … discourage early retirement to counter the economic consequences of an aging population and, interestingly, the consequences for … workers in more depth, if only to put any concerns for adverse effects of later retirement to rest. To empirically investigate …
Persistent link: https://www.econbiz.de/10014200838
retirement expectations of workers nearing retirement age. The reform means that public sector workers born on January 1, 1950 or …
Persistent link: https://www.econbiz.de/10014200844
of older people for a rich set of retirement trajectories charactersized by early or delayed full retirement as well as … partial retirement at various ages in the Netherlands and the United States. Two in five prefer partial retirement over early … or delayed abrupt full retirement. This suggests that partial retirement can substantially increase the utility derived …
Persistent link: https://www.econbiz.de/10012973856
desired standard of living in retirement with a likelihood that is ex-ante defined. In addition, the event of falling short of … safeguard a minimum standard of living in retirement. Given the contribution rate participants can afford to save, the set of …
Persistent link: https://www.econbiz.de/10012975891
In this project we study joint retirement of couples in Europe. We characterize various empirical regularities and use … duration models cannot account for joint retirement, our model admits joint retirement with positive probability, allows for … Survey on Health, Ageing and Retirement in Europe (SHARE) and the English Longitudinal Survey of Ageing (ELSA) …
Persistent link: https://www.econbiz.de/10013039942
' retirement strategies. Earlier literature in this area focused on spousal participation decision. Here we exploit the law on … retirement age in France to identify the effect of a spouse's retirement on the other spouse's labor supply, accounting for both … years. We find that the husband's retirement probability increase significantly, though slightly, by about 0.02, upon …
Persistent link: https://www.econbiz.de/10013039945