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advocated policy response is to increase retirement age. Ironically, however, the political support for this policy may actually …) from pension reforms referenda, we show in fact that individuals close to retirement tend to oppose policies that postpone … retirement, whereas young and elderly individuals are more favorable. The current process of population aging, and the associated …
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relevance of the labor demand component in retirement decisions, we consider a trade liberalization between Switzerland and the … early retirement behavior in three periods (pre-liberalization, announcement, and implementation) for three groups of … retirement in MRA is not explained by more firms' exits, nor by more early retirement among the exiting firms. It is rather the …
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We provide a long term perspective on the individual retirement behavior and on the future of early retirement. In a … cross-country sample, we find that total pension spending depends positively on the degree of early retirement and on the … converging to a steady state and early retirement. Comparative statics suggest that aging and productivity slow-downs lead to …
Persistent link: https://www.econbiz.de/10014067504
We provide a long-term perspective on the individual retirement behaviour and on the future of retirement. In a … equilibrium with positive social security contribution rates and early retirement. Aging has two opposite effects: it leads to … the existence of crucial income effects: a decrease of the income of young people will induce them to postpone retirement …
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