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Health, Financial Incentives and Retirement in Spain
Erdogan-Ciftci, Esen; Doorslaer, Eddy Van; … - Tinbergen Instituut - 2008
We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain … derived as changes in a composite health stock measure over time. We examine labour market exits into both old age retirement … and a broader definition of retirement including inactivity, while controlling for unobserved heterogeneity. We find that …
Persistent link: https://www.econbiz.de/10011255520
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Health, Financial Incentives and Retirement in Spain
Erdogan-Ciftci, Esen; Doorslaer, Eddy Van; … - Tinbergen Institute - 2008
We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain … derived as changes in a composite health stock measure over time. We examine labour market exits into both old age retirement … and a broader definition of retirement including inactivity, while controlling for unobserved heterogeneity. We find that …
Persistent link: https://www.econbiz.de/10005136959
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Retirement Choices in Italy: What an Option Value Model tells us
Belloni, Michele; Alessie, Rob - Tinbergen Institute - 2010
Using Italian data, we estimate an option value model to quantify the effect
Persistent link: https://www.econbiz.de/10008838550
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Flexible Pension Take-up in Social Security
Adema, Yvonne; Bonenkamp, Jan; Meijdam, Lex - Tinbergen Instituut - 2013
scheme contains within-cohort redistribution and induces early retirement. Such a Pareto-improving reform entails the …-neutrality that stimulates later retirement further improves such a flexibility reform. …
Persistent link: https://www.econbiz.de/10011256966
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Retirement Choices in Italy: What an Option Value Model tells us
Belloni, Michele; Alessie, Rob - Tinbergen Instituut - 2010
Using Italian data, we estimate an option value model to quantify the effectof financial incentives on retirement …
Persistent link: https://www.econbiz.de/10011257328
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Generational Accounting, Solidarity and Pension Losses
Teulings, Coen N.; Vries, Casper G. de - Tinbergen Instituut - 2003
The stock market collapse led to political tensions between generations due to the fuzzy definition of the property rights over the pension funds’ wealth. The problem is best resolved by the introduction of generational accounts. Modern consumption and portfolio theory shows that the younger...
Persistent link: https://www.econbiz.de/10011255727
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Generational Accounting, Solidarity and Pension Losses
Teulings, Coen N.; Vries, Casper G. de - Tinbergen Institute - 2003
The stock market collapse led to political tensions between generations due to the fuzzy definition of the property rights over the pension funds’ wealth. The problem is best resolved by the introduction of generational accounts. Modern consumption and portfolio theory shows that the younger...
Persistent link: https://www.econbiz.de/10005042223
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The Sustainability of the Pay-as-you-go System with Falling Birth Rates
Praag, Bernard M.S. van; Cardoso, Pedro - Tinbergen Institute - 2002
A model is presented that explains the mix between funded and unfunded pension systems. It turns out that total pension and the relative shares of the two systems may be explained and are determined by the population growth rate, technological growth, the time-preference discount rate, the...
Persistent link: https://www.econbiz.de/10005144543
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Estimating the Effects of Recent Disability Reforms in The Netherlands
Sonsbeek, Jan-Maarten van; Gradus, Raymond - Tinbergen Instituut - 2011
In the 1980s and 1990s, disability benefit rates in the Netherlands were among the highest in the world. However, since the beginning of this century the number of disability cases has dropped remarkably due to some very successful policy reforms. An administrative dataset of Dutch disability...
Persistent link: https://www.econbiz.de/10011257251
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The Sustainability of the Pay-as-you-go System with Falling Birth Rates
Praag, Bernard M.S. van; Cardoso, Pedro - Tinbergen Instituut - 2002
A model is presented that explains the mix between funded and unfunded pension systems. It turns out that total pension and the relative shares of the two systems may be explained and are determined by the population growth rate, technological growth, the time-preference discount rate, the...
Persistent link: https://www.econbiz.de/10011257498