Showing 1 - 10 of 112
This paper identifies and estimates the impact of early retirement on the probability to die within five years, using administrative micro panel data covering the entire population of the Netherlands. Among the older workers we focus on, a group of civil servants became eligible for retirement...
Persistent link: https://www.econbiz.de/10010326257
We estimate and explain the impact of early retirement of husbands on their wives' probability to retire within one year, using administrative micro panel data that cover the whole Dutch population. We employ an instrumental variable approach in which the retirement choice of husbands is...
Persistent link: https://www.econbiz.de/10010491414
Ill-health can be expected to reduce employment and income. But are the effects sustained over time? Do they differ …, on employment and income up to six years after the health shock using linked Dutch hospital and tax register data. On … either employment or income. The distribution of ill-health contributes to income inequality: a health shock is both more …
Persistent link: https://www.econbiz.de/10010326384
We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain …. Individual measures of pension wealth, peak and accrual values are constructed using labor market histories and health shocks are … derived as changes in a composite health stock measure over time. We examine labour market exits into both old age retirement …
Persistent link: https://www.econbiz.de/10010325834
We present a theory of the relation between health and retirement that generates testable predictions regarding the … interaction of health, wealth and financial incentives in retirement decisions. The theory predicts (i) that wealthier individuals … (compared to poorer individuals) are more likely to retire for health reasons(affordability proposition), and (ii) that health …
Persistent link: https://www.econbiz.de/10011662542
We study the retirement effects on mental health using a fuzzy regression discontinuity design based on the eligibility … status. Retirement of partnered men positively affects mental health of both themselves and their partners. Single men … retiring experience a drop in mental health. Female retirement has hardly any effect on their own mental health or the mental …
Persistent link: https://www.econbiz.de/10012233955
We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain …. Individual measures of pension wealth, peak and accrual values are constructed using labor market histories and health shocks are … derived as changes in a composite health stock measure over time. We examine labour market exits into both old age retirement …
Persistent link: https://www.econbiz.de/10014214193
This paper shows the importance of correcting for sample selection when investing in illiquid assets with endogenous trading. Using a large sample of 20,538 paintings that were sold repeatedly at auction between 1972 and 2010, we find that paintings with higher price appreciation are more likely...
Persistent link: https://www.econbiz.de/10010326195
We assess the impact of contingent convertible (CoCo) bonds and the wealth transfers they imply conditional on conversion on the risk-taking behaviour of the issuing bank. We also test for regulatory arbitrage: do banks try to maintain risk-taking incentives by issuing CoCo bonds, when...
Persistent link: https://www.econbiz.de/10013356473
We investigate the major choice of college graduates where we make choice dependent on expected initial wages and expected wage growth per major. We build a model that allows us to estimate these factors semiparametrically and that corrects for selection bias. We estimate the model on the...
Persistent link: https://www.econbiz.de/10012233992