Showing 1 - 10 of 60
of retirement complicate the estimation of effects of retirement on subjective well-being as financial circumstances may … influence subjective well-being, and therefore, the effects of retirement are likely to be confounded by the change in income … estimate a simultaneous model of retirement, income, and subjective well-being while accounting for time effects and unobserved …
Persistent link: https://www.econbiz.de/10011115737
of retirement complicate the estimation of effects of retirement on subjective well-being as financial circumstances may … influence subjective well-being, and therefore, the effects of retirement are likely to be confounded by the change in income … estimate a simultaneous model of retirement, income, and subjective well-being while accounting for time effects and unobserved …
Persistent link: https://www.econbiz.de/10011185610
The authors formulate a stylized structural model of health, wealth accumulation and retirement decisions building on … consumption, health, health investment, savings and retirement. They argue that the Grossman literature has been unnecessarily … mortality have continued to improve in the developed world, retirement ages have continued to fall with retirees pointing to …
Persistent link: https://www.econbiz.de/10014210978
predominantly by making (early) retirement schemes actuarially fair from 2006 onwards. The increase in disability insurance's income …
Persistent link: https://www.econbiz.de/10014337780
workers in such occupations may have increased in order to lower retirement rates. Using difference-in-difference methods, we … do find evidence for the former, but we do not see a direct relation with retirement. However, an indirect effect through …
Persistent link: https://www.econbiz.de/10012858675
Structural models explaining retirement decisions of individuals or households in an inter-temporal setting are … typically hard to estimate using data on actual retirement decisions, because choice sets are complicated and uncertain and for … a large part unobserved by the researcher. This paper describes an experiment in which both perceived retirement …
Persistent link: https://www.econbiz.de/10012776920
It is widely believed that health plays a major role in retirement decisions. The most important problem in including … health in retirement models is the lack of availability of a good measure of health at the individual level in existing data … response patterns. The usefulness of the health indexes is then investigated by including it in some simple retirement models …
Persistent link: https://www.econbiz.de/10014214824
Structural models explaining retirement decisions of individuals or households in an intertemporal setting are … typically hard to estimate using data on actual retirement decisions, since choice sets are for a large part unobserved by the … researcher. This paper describes an experiment in which both perceived retirement opportunities and preferences for retirement …
Persistent link: https://www.econbiz.de/10005822842
retirement and rates of participation in various earnings replacing programs in the Netherlands. It presents an overview of … reforms to Disability Insurance (DI) and other income maintenance and early retirement programs over the past few decades, and …
Persistent link: https://www.econbiz.de/10009018256
We estimate a stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to …
Persistent link: https://www.econbiz.de/10010697235