Showing 1 - 10 of 251
incentives matter for the retirement behavior of the self-employed. We also provide evidence of the self-employed not wanting to … retire as early as possible, and contrast these expectation data with realized retirement transitions. The overall picture …
Persistent link: https://www.econbiz.de/10014190146
In 2007 Germany has introduced a pension reform which increases the normal retirement age from currently age 65 to 67 … effective retirement age by about one year and redistribute towards future cohorts. However, it hardly reduces old-age poverty … since rich people are more flexible in adjusting retirement. Overall, the efficiency gains of the reform are very modest …
Persistent link: https://www.econbiz.de/10013142151
system in the Netherlands to calculate net replacement rates at each age from 60 to 70 in full and partial retirement … analyze the implications of late full retirement and partial retirement for the occupational and state pension entitlements …. We pay particular attention to the retirement scenarios that are relevant for the current policy measures, aimed at …
Persistent link: https://www.econbiz.de/10013123970
extensive and intensive labour supply responses to changes in fertility rates, and (ii) the potential of a retirement reform to … fertility decline, a retirement reform, designed to increase labour supply at the extensive margin, is found to simultaneously … reduce labour supply at the intensive margin. This backlash to retirement reform requires the statutory retirement age to …
Persistent link: https://www.econbiz.de/10013136598
with schemes that offer gradual retirement opportunities induce workers to retire one year later on average. Total life …-time labour supply, however, decreases with 3.4 months because the positive effect of delayed retirement on labour supply is … cancelled out by the reduction in working hours before full retirement. The impact of gradual retirement schemes is, however …
Persistent link: https://www.econbiz.de/10014132843
This paper explores the effect of letting individuals choose their retirement age in a world of uncertainty where there … finds that it is preferable to let people make their retirement decision after rather than before the uncertainty is lifted …
Persistent link: https://www.econbiz.de/10013136114
Germany recent reforms that aim at raising retirement age and cutting benefit levels should be complemented by increases in …
Persistent link: https://www.econbiz.de/10013127112
Early retirement schemes and disability insurance in the Netherlands have both been reformed during the past decades …. The reforms have increased incentives to continue working and have decreased the substitution between early retirement and … rate of the elderly has increased. The concept of substitute pathways into retirement seems less relevant today as the …
Persistent link: https://www.econbiz.de/10014180549
This study examines the sensitivity of the retirement age decision to standard retirement ages in pension overviews …. Specifically, their retirement age corresponds to the age of the anchor. The effect of the age anchor on the retirement age is … of social interactions are limited. This suggests that age anchors may have a distinct effect on the retirement age …
Persistent link: https://www.econbiz.de/10013027181
This paper considers the potential relationship between providing care for grandchildren and retirement, among women … nearing retirement age. Using 47,444 person-wave observations from the Health and Retirement Study (HRS), we find the arrival … of a new grandchild is associated with a more than eight percent increase in the retirement hazard despite little overall …
Persistent link: https://www.econbiz.de/10013017767