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To determine how wives' and husbands' retirement options affect their spouses' (and their own) labour supply decisions …, we exploit (early) retirement cutoffs by way of a regression discontinuity design. Several German pension reforms since … the early 1990s have gradually raised women's retirement age from 60 to 65, but also increased ages for several early …
Persistent link: https://www.econbiz.de/10014249436
people who retired, Conscientiousness was lower in and after the first year of retirement versus before. No other traits … differed around the start of retirement. Conclusions: Our findings suggest that the start of working life might promote … personality maturation and that retirement might promote personality "relaxation. …
Persistent link: https://www.econbiz.de/10012643683
retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long …
Persistent link: https://www.econbiz.de/10009357440
In this paper, I estimate a dynamic structural model of labor supply, retirement, and informal care supply …
Persistent link: https://www.econbiz.de/10012053194
-monetary unemployment scarring for people who were unemployed for the first time in their life directly prior to retirement, but not for …Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons … (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as …
Persistent link: https://www.econbiz.de/10010355356
that they will make a transition into volunteering after retirement. Following social production function theory, we assume … former occupational prestige value, the higher the perceived loss of prestige after retirement. Thus, doing a job with high … prestige value increases the incentive to volunteer in retirement. This assumption is tested, using data taken from the German …
Persistent link: https://www.econbiz.de/10010415971
suggests the UK puts more emphasis on recruitment of older workers, flexible working and gradual retirement while Germany puts … workers or gradual retirement in either the UK or Germany and concludes it was the greater employment protection for older … retirement much faster than the UK since 2003. This was not forecast by previous researchers. In particular, Ebbinghaus …
Persistent link: https://www.econbiz.de/10011305297
rates of older workers and women. The basic rationale is that workers choose non-employed if their reservation wages are … larger than the offered wages. Whereas the offered wages depend on workers' productivity and firms' decisions, reservation … wages are largely determined by workers' endowments and preferences for leisure. To shed some empirical light on this issue …
Persistent link: https://www.econbiz.de/10009541695
, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the … full pensionable age generates the largest responses in labor supply and retirement behavior. …
Persistent link: https://www.econbiz.de/10009269241
We estimate a dynamic structural life-cycle model of employment, non-employment and retirement that includes endogenous … a tax reform targeted at low income individuals on employment behavior and retirement decisions. …
Persistent link: https://www.econbiz.de/10011635029