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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 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
The present paper analyzes the budgetary impact of various Social Security reforms in the Belgian institutional setting. Our approach relies on parameters that were derived in Dellis et alii (2002) using a micro-modeling strategy. Focusing our attention on a hypothetical age cohort, we...
Persistent link: https://www.econbiz.de/10010272725
In this paper we develop a life cycle model of labor supply and retirement to study the interactions between health and … incentives for the continued employment of older workers. In particular, the model predicts an increase in the average retirement …
Persistent link: https://www.econbiz.de/10010281292
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/10010285595
pension rights. We find that this exogenous shock to pension rights postpones expected retirement and increases participation …
Persistent link: https://www.econbiz.de/10010271295
address this question in the context of a recent German pension reform which raised the statutory retirement age by two years … of work ability at retirement and fundamental opposition. Our results show that expected work ability declines …
Persistent link: https://www.econbiz.de/10010276618
retirement expectations of workers nearing retirement age. The reform means that public sector workers born on January 1, 1950 or …
Persistent link: https://www.econbiz.de/10010274070
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/10010321383
Persistent link: https://www.econbiz.de/10013373840