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An instrumental variables (IV) identification strategy that exploits statutory class size caps shows significant achievement gains in smaller classes in Italian primary schools. Gains from small classes are driven mainly by schools in Southern Italy, suggesting a substantial return to class size...
Persistent link: https://www.econbiz.de/10011283017
Persistent link: https://www.econbiz.de/10014461431
We study the effect of an increase in the UK state pension age from 65 to 66, a high level internationally, on labour market activity. Despite there being limited financial incentives to retire at the state pension age, we find large effects: the employment rate of 65-year-olds increased by 7.4...
Persistent link: https://www.econbiz.de/10012822196
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …
Persistent link: https://www.econbiz.de/10014370431
substantial leisure complementarity, and specifically cut the non-usual component of their workweek, leaving usual hours unchanged …
Persistent link: https://www.econbiz.de/10010198500
We show that grading standards for primary school exams in England have triggered an inflation of quality indicators in the national performance tables for almost two decades. The cumulative effects have resulted in significant differences in the quality signaled to parents for otherwise...
Persistent link: https://www.econbiz.de/10011756120
financial incentives for early retirement stem mainly from the Austrian tax system and not from the pension system itself. …
Persistent link: https://www.econbiz.de/10011717795
his consumption and leisure by choosing: (i) the optimal inter-temporal consumption, (ii) the optimal inter …-temporal labour supply, (iii) the optimal share of wealth to invest in a risky asset, and (iv) the optimal retirement age. The wage of … after retirement he received a utility that is proportional to the remaining human capital. Finally, a numerical simulation …
Persistent link: https://www.econbiz.de/10012006564
This document presents a quasi-experimental impact evaluation of Bolivia's Renta Dignidad, a universal and non-contributory old age pension. Causal effects on direct, future, and indirect beneficiaries are identified, taking advantage of a reduction in age of eligibility from 65 to 60 years in...
Persistent link: https://www.econbiz.de/10011473136
We examine the labour supply response of senior doctors in England following a reform of the public sector pension system that moved employees from a final salary to a career average pension plan. Exploiting the staggered rollout of the reform across narrowly defined age groups, we find that...
Persistent link: https://www.econbiz.de/10014382038