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Both the impacts of financial incentives and health on transitions into retirement and inactivity by older workers have … incentives on the retirement behaviour of workers who experienced health shocks and those who remained in good health. Our … evidence suggests that the impact on retirement of forward-looking incentive measures such as the peak value is conditional on …
Persistent link: https://www.econbiz.de/10013129994
We provide an explanation for the common finding that the effect of retirement on life satisfaction is negligible. For …-Economic Panel (GSOEP) and show that the effect of voluntary retirement on satisfaction with current household income is negative … voluntary and involuntary retirement. The effect of involuntary retirement is negative because the adverse effect on …
Persistent link: https://www.econbiz.de/10013133402
and purchasing power of old age social security benefits, and the average retirement age ten or twenty years from now. We …
Persistent link: https://www.econbiz.de/10013133788
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
This paper analyzes the effect of retirement on cognitive functioning using two large scale surveys. First, a … longitudinal survey among older Americans allows controlling for individual heterogeneity and endogeneity of the retirement … decision. Second, a cross-national European survey allows identifying the causal effect of retirement on cognition by using the …
Persistent link: https://www.econbiz.de/10013134874
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
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
This paper addresses possible changes in Dutch employers' behavior regarding the recruitment and retention of older workers during the last decade. We analyze surveys administered to Dutch employers in 2000, 2002, 2005, 2008 and 2009. The results show that efforts to recruit older workers are...
Persistent link: https://www.econbiz.de/10013139654
consider joint behavior of couples. Here we analyze the causal effect of retirement of each partner on hours of home production … of both partners in a couple. Our identification strategy exploits the earliest age retirement laws in France, enabling a … fuzzy regression discontinuity approach. We find that own retirement significantly increases own hours of home production …
Persistent link: https://www.econbiz.de/10013117283
motives, such as saving for retirement, and saving behavior. Survey data show that many respondents save for retirement in … unconventional retirement accounts, such as investments in real estate. We show that finding the retirement motive important does not … directly translate in additional retirement savings. We show that the annuity stream generated by conventional and …
Persistent link: https://www.econbiz.de/10013117290