Showing 1 - 10 of 177
Households will have to increase their retirement-related assets to face the consequences of pension reforms and …/or increasing longevity. Thus, improving retirement planning seems then to be necessary. However, the literature reports a general …: encourage households with little private savings to better prepare the retirement. This population does not seem able to save …
Persistent link: https://www.econbiz.de/10012997231
This study examines the expected retirement replacement rates of several cohorts of Dutch employees at the time of …
Persistent link: https://www.econbiz.de/10013142141
retirement incentives as faced by individuals. Specifically, we use SHARE data to estimate a model à la Stock and Wise (1990 …The paper studies retirement behavior of wage‐earners in Belgium – for the first time using rich survey data to explore … explicitly takes into account the different take‐up rates of the various early retirement exit paths across time and ages. The …
Persistent link: https://www.econbiz.de/10013082462
This paper identifies and estimates the impact of early retirement on the probability to die within five years, using … civil servants became eligible for retirement earlier than expected during a short time window. This exogenous policy change … is used to instrument the retirement choice in a model that explains the probability to die within five years. Exploiting …
Persistent link: https://www.econbiz.de/10013077560
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
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
. Financial incentives, either in terms of changing pension income or the price of leisure, also affect the expected retirement … age, but the impact of these financial incentives does not differ with the possibility of gradual retirement. Finally, we … with schemes that offer gradual retirement opportunities induce workers to retire one year later on average. Total life …
Persistent link: https://www.econbiz.de/10014132843
retirement and claiming decision making. First, I find that, despite the previous availability of information, the Statement has … workers need to gather costly information in order to improve their retirement decision. Second, I use this exogenous … their retirement behavior: i) Workers do not change their expected age of retirement after receiving the Statement; ii …
Persistent link: https://www.econbiz.de/10013134870
In this paper we analyze the possibilities of intergenerational risk sharing in a generational DB pension fund. In a generational pension plan each generation has their own pension scheme and is subject to discretionary investment, indexation and contribution policies, thereby losing...
Persistent link: https://www.econbiz.de/10013132533
We propose a generational plan for the occupational pension provision in which people from the same generation are pooled in a generational fund. Each fund can set its own policies independently. This plan provides the benefits of differentiation missing in the prevailing collective plan and the...
Persistent link: https://www.econbiz.de/10013135360