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In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send … expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement …
Persistent link: https://www.econbiz.de/10011310806
In this paper, we examine whether adult education delays retirement and increases labour force participation among the … indicate no effects of adult education on the timing of retirement. …
Persistent link: https://www.econbiz.de/10010273961
supply and endogenous retirement. In this environment, the optimal labor tax is hump-shaped in age: insurance benefits of … taxation push for increasing-in-age taxes while rising labor supply elasticities and optimal late retirement of highly … combination of age-dependent linear taxes with increasing-in-age retirement benefits generates welfare gains close to optimal. …
Persistent link: https://www.econbiz.de/10012030361
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
-time retirement behaviour in Sweden. During the 1980s, older workers had the option of partial retirement with an income replacement … women chose part-time retirement after the reduction in benefit levels in 1981. There was an approximate 4 percentage point … drop in the partial retirement propensity among eligible 60-year old men, and a 5.7 percent drop among women. This …
Persistent link: https://www.econbiz.de/10010321446
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
Old-age pension reform is on the agenda across the OECD, and a key target is to delay retirement. Most of these … quantitative life-cycle model with endogenous retirement to study how DI and old-age pension (OA-pension) systems interact with … health and wages to determine retirement age, with particular focus on the macroeconomic effects of OA-pension reforms …
Persistent link: https://www.econbiz.de/10012143919
-age caring for husbands or parents. By providing this unpaid care women might enter retirement earlier, rather than prolonging …
Persistent link: https://www.econbiz.de/10010266631
retirement and generosity toward the poor. Using aggregate data (EUROSTAT, OECD) as well as individual data (SHARE, the new … Survey of Health, Ageing, and Retirement in Europe), the paper looks at the statistical correlations among those types of …
Persistent link: https://www.econbiz.de/10010266636
retirees. It also examines how the retirement and health care of older citizens might be financed, and measures the potential …
Persistent link: https://www.econbiz.de/10010270739