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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
deepening, and indirect effects, working through changes of taxes, government spending components and the retirement age in …. The closed-form solutions of the model predict taxation and the retirement age in OECD economies to increase in response … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …
Persistent link: https://www.econbiz.de/10011430084
Following an era of a development towards earlier retirement, there has been a reversed trend to later exit from the … labor market in Sweden since the late 1990s. We investigate whether or not there are potentials, with respect to health and … as much as the age group 50-54 at a particular level of health. We also provide evidence on the development of self …
Persistent link: https://www.econbiz.de/10011695383
health status, take up of sickness benefits, retirement, the utilization of health care and social care and the dynamics of …
Persistent link: https://www.econbiz.de/10010321560
Serious life events, such as the loss or the onset of a chronic condition may influence cognitive functioning. We examine whether the cognitive impact of such events is stronger if conditions very early in life were adverse, using Dutch lnogitudinal data of older persons. We exploit exogenous...
Persistent link: https://www.econbiz.de/10010273982
Persistent link: https://www.econbiz.de/10010294512
This paper interprets accidents occurring on the way to and from work as negative health shocks to identify the causal … effect of health on labor market outcomes. We argue that in our sample of exactly matched treated and control workers, these … health shocks are quasi-randomly assigned. A fixed-effects difference-in-differences approach estimates a negative and …
Persistent link: https://www.econbiz.de/10010294889
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