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incentives in a retirement decision are likely to be biased upward. We propose an estimation strategy where the retirement …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 …
Persistent link: https://www.econbiz.de/10010321591
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 … old-age retirement, disability, sick leave, and unemployment of the aged are explained. The third section is concerned …
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
consistent with the lower minimum age for early retirement applying to women. …
Persistent link: https://www.econbiz.de/10010317925
Persistent link: https://www.econbiz.de/10010294512
policy to allow flexible retirement options for the elderly with an aim to increase labour supply. According to our matching …
Persistent link: https://www.econbiz.de/10010294859
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
Two pension reforms in Austria increased the early retirement age from 60 to 62 for men and from 55 to 58.25 for women …. The reforms reduced early retirement by 18.9 percentage points among affected men aged 60-62 and by 22.3 percentage points … savings as they either continue to retire early via disability pensions or bridge the gap to regular retirement by drawing …
Persistent link: https://www.econbiz.de/10010316918
We study the relationship between job quality and retirement using panel data for European countries (SHARE). While … previous studies looked at the impact of bad working conditions on retirement intentions, we can use the panel dimension to … study actual retirement as well as other pathways out of a job. As indicators for job quality we use three different …
Persistent link: https://www.econbiz.de/10010294900
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