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In this work we theoretically disentangle the effects of pension provisions on a variety of financial incentives to retirement, trying to reconcile them with some key Spanish retirement patterns. We find that the «average» individual, who is never affected by any cap of contributions or...
Persistent link: https://www.econbiz.de/10005418950
patterns observed between 2002 and 2008 in Spain. It is subsequently used to analyze the effects of the 2011 pension reform in … Spain, characterized by 2-year delays in both the early and the normal retirement ages. We find that this reform generates …
Persistent link: https://www.econbiz.de/10011154781
Spain). Second, by considering the influence of unobserved heterogeneity in the estimation of the effect of our (carefully … strong impact on labour market decisions in Spain. Unemployment regulations are shown to be particularly influential for … especially interesting instance: the reform of early retirement provisions undertaken in Spain in 2002. We use a difference …
Persistent link: https://www.econbiz.de/10008683242
attention to the transition from unemployment to retirement (which is particularly important in Spain and other European …
Persistent link: https://www.econbiz.de/10011051683
Spain). Second,by considering the influence of unobserved heterogeneity in the estimation of the effectof our (carefully … impact on labour market decisions in Spain. Unemployment regulations are shown to be particularly influential for retirement … instance: the reform of early retirement provisions undertaken in Spain in 2002. We use a difference-in-difference approach to …
Persistent link: https://www.econbiz.de/10010547473
We exploit a country-wide child labor regulation that eliminated the difference in school/work alternatives for children born at the beginning and the end of the year to identify the causal effect of education on migration at low levels of schooling. By not relying on changes to the school...
Persistent link: https://www.econbiz.de/10014496054
expenditure for public pensions in Spain. Our quantitative findings can be summarized in two sentences. For all the reforms …
Persistent link: https://www.econbiz.de/10005772105
In this work we study older workers’ (50—64) labor force transitions after a health/disability shock. We find that the probability of keeping working decreases with both age and severity of the shock. Moreover, we find strong interactions between age and severity in the 50—64 age range and...
Persistent link: https://www.econbiz.de/10005772246
Persistent link: https://www.econbiz.de/10000637532
Persistent link: https://www.econbiz.de/10001388687