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more recent origins through family lines. We use a journalistic rich list published by the manager magazin in 2019, which …
Persistent link: https://www.econbiz.de/10014309887
retirement incentives and work incentives of prime-age workers. We find that postponed retirement tends to harm incentives of …
Persistent link: https://www.econbiz.de/10010294044
The paper reviews large literature on retirement, keeping in mind the goal of finding a suitable model to the labour … defining retirement. The second section deals with a multitude of labour market exit channels. Specific features of modelling … old-age retirement, disability, sick leave, and unemployment of the aged are explained. The third section is concerned …
Persistent link: https://www.econbiz.de/10010321728
This paper focuses on the relation between worker's productivity and retirement decision. Assuming that productivity … worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level … of income and benefits is set to maximize lifetime utility. In such framework we find the retirement threshold of …
Persistent link: https://www.econbiz.de/10010324968
increasingly important factor in the retirement decision. Therefore it is relevant to know whether workers with a different …
Persistent link: https://www.econbiz.de/10010325195
The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime …
Persistent link: https://www.econbiz.de/10010264263
endogenous retirement. Labor taxation distorts not only labor supply, but also education and retirement decisions. Actuarially … unfair pensions further exacerbate labor tax distortions on retirement. Education subsidies can nevertheless cushion the … adverse impact of taxation on skill formation. Feedbacks between education, labor supply, and retirement are important. The …
Persistent link: https://www.econbiz.de/10010264345
We study the effects of an annuity market imperfection on individual agents' labour supply and retirement decisions and …
Persistent link: https://www.econbiz.de/10010266022
left on the labor market prior to retirement. This short horizon implies a more digressive replacement ratio. However …, there is a sufficiently short distance to retirement for which flat unemployment benefits can be the optimal contract as the … optimal contract that integrates unemployment insurance and retirement pension systems. …
Persistent link: https://www.econbiz.de/10010269168
. It is likely that the individual level of wealth will become an increasingly important factor in the retirement decision …
Persistent link: https://www.econbiz.de/10010271873