Showing 1 - 10 of 222
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
. 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
findings in the international literature, we find large effects of financial incentives on the preferred retirement age, often …We analyze stated preference data on retirement. Survey respondents of ages 25 and older in the Netherlands were given … hypothetical retirement scenarios describing the age(s) of (partial and full) retirement and corresponding replacement rates …
Persistent link: https://www.econbiz.de/10013146351
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
affect their transition rates to employment, early retirement and sickness/disability benefits. The reform, becoming …
Persistent link: https://www.econbiz.de/10014186369
Using Italian data, we estimate an option value model to quantify the effect of financial incentives on retirement …
Persistent link: https://www.econbiz.de/10013135674
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
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
We study retirement incentives with augmented option value model à la Stock and Wise (1990). We propose methodological … modelling of couples' incentives leads to very different patterns of retirement incentives – particularly for women. We apply … different retirement incentives for men and women, with little flexibility in the retirement decision for men and substantially …
Persistent link: https://www.econbiz.de/10012983723
In the policy debate on increasing the statutory retirement age, the issue has been raised to make an exception for … retirement scheme for such occupations through higher taxes. A representative sample of Dutch adults answered several questions … confounding factors affecting the evaluations of the demanding nature of the jobs as well as their reasonable retirement age or …
Persistent link: https://www.econbiz.de/10013033950