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In 1995, the UK government legislated to increase the earliest age at which women could claim a state pension from 60 to 65 between April 2010 and March 2020. This paper uses data from the first two years of this change coming into effect to estimate the impact of increasing the state pension...
Persistent link: https://www.econbiz.de/10010617529
downturns. In particular, early retirement incentives embedded in old-age pension schemes and other social transfer programmes …
Persistent link: https://www.econbiz.de/10009146866
Weltwirtschaft Kiel, bezeichnet die Rentenreform als einen Schritt in die falsche Richtung, die Verlieren seien die nicht …
Persistent link: https://www.econbiz.de/10010877484
Persistent link: https://www.econbiz.de/10008594377
In this paper, we explore the links between pension reform, early retirement, and the use of unemployment as an … alternative pathway to retirement. We use a dynamic rational expectations model to analyze the search and retirement behaviour of … employed and unemployed workers aged 50 or over. The model is calibrated to reproduce the main reemployment and retirement …
Persistent link: https://www.econbiz.de/10010875544
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/10005419216
The effects of pension programme incentives on retirement in Denmark are analysed in an option value framework. Using … eligibility criteria and detailed entitlement rules for the five main publicly funded retirement programmes, we calculate social … analysis are used to simulate the expected outcome from a set of strategic reforms of retirement policy. …
Persistent link: https://www.econbiz.de/10005419486
health and retirement estimated on the Norwegian labour market data. The paper focuses on the two main elements of the reform … drawing rules designed to eliminate the incentives distortions with respect to the time of retirement. The effects of these … the proposed pension reform succeeds in urging the older workers to postpone their retirement and induces an increase in …
Persistent link: https://www.econbiz.de/10005652141
How does the retirement age affect the physical and mental health of seniors? We identify this effect based on the 1993 … potential influence of health on employment choices, we show that retirement improves physical and social health. The more …
Persistent link: https://www.econbiz.de/10010717675
retirement behavior as low-skilled Germans. The results are consistent with low-skilled workers in Germany being frozen in a …
Persistent link: https://www.econbiz.de/10011143941