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are for the timing of retirement. The new pension system provides a much closer link between contributions and benefits … than the former system. I study whether the reform has led to delayed retirement by examining the retirement patterns of … retirement hazard among latter born cohorts, who were more affected by the reform. This implies that retirement is delayed. Most …
Persistent link: https://www.econbiz.de/10010321383
This paper collects and reviews information about routes to retirement and exits from the labor force by older workers … in Sweden. It gives a concise survey of rules of the major retirement schemes covering disability, sickness and … unemployment. Usinglongitudinal micro data from the period between 1992 and 1999, it also studies alternative measures of …
Persistent link: https://www.econbiz.de/10010321633
We model retirement behavior in Sweden during the 1990ies with focus on voluntary early retirement where there is an … retirement. Earlier studies have neglected such offers, but in doing so, estimates of the individuals' responses to financial … incentives in a retirement decision are likely to be biased upward. We propose an estimation strategy where the retirement …
Persistent link: https://www.econbiz.de/10010321591
old-age retirement, disability, sick leave, and unemployment of the aged are explained. The third section is concerned …The paper reviews large literature on retirement, keeping in mind the goal of finding a suitable model to the labour … defining retirement. The second section deals with a multitude of labour market exit channels. Specific features of modelling …
Persistent link: https://www.econbiz.de/10010321728
This paper studies the way in which labor market fluctuations affect the transition to early retirement among older … industry employment increases (decreases) the probability of early retirement. This result is driven by the public sector; in … after early retirement are higher during declining as well as expanding industry employment. The results support an …
Persistent link: https://www.econbiz.de/10010317914
This paper explores how extended unemployment insurance (UI) benefits targeted to older workers affect early retirement … entire early retirement system, which often includes extended UI and relaxed access to disability insurance (DI). We argue … that extended UI generates program complementarity (increased take-up of UI followed by DI and/or regular retirement …
Persistent link: https://www.econbiz.de/10010316883
Many Western countries with an aging population consider reforms of their pay-as-you-go pension systems. In Sweden a new pension system has already been decided and implemented. This paper gives a brief background to the Swedish reforms in the 1990s and explains the structure of the new system.
Persistent link: https://www.econbiz.de/10010321800
Persistent link: https://www.econbiz.de/10010294512
Following an era of a development towards earlier retirement, there has been a reversed trend to later exit from the …
Persistent link: https://www.econbiz.de/10011695383
retirement decisions in developed countries. However, women's and couples' labour supply decisions and the patterns of withdrawal … examine how social security financial incentives and personal characteristics affects one's own and spouses' retirement … decisions. Our results suggested that couples synchronize retirement and that they respond similarly to their own …
Persistent link: https://www.econbiz.de/10010293260