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retirement decisions in developed countries. However, women's and couples' labour supply decisions and the patterns of withdrawal … examine how social security financial incentives and personal characteristics affects one's own and spouses' retirement … decisions. Our results suggested that couples synchronize retirement and that they respond similarly to their own …
Persistent link: https://www.econbiz.de/10010293260
We study retirement incentives with augmented option value model à la Stock and Wise (1990). We propose methodological … modelling of couples' incentives leads to very different patterns of retirement incentives – particularly for women. We apply … the new indicators to data from the Survey of Health, Ageing and retirement in Europe (SHARE) in Belgium and find two key …
Persistent link: https://www.econbiz.de/10011559674
only claiming of pensions not in conjunction with retirement, we conclude that part of the selection is active: Some …
Persistent link: https://www.econbiz.de/10011968629
A problem that faces many countries including the United States is how to finance retirement consumption as the … population ages. Proposals for switching to a saving-for-retirement system that does not rely on high payroll taxes have been … transition path from the current U.S. system to a saving-for-retirement system that increases the welfare of all current and …
Persistent link: https://www.econbiz.de/10011995483
supply and endogenous retirement. In this environment, the optimal labor tax is hump-shaped in age: insurance benefits of … taxation push for increasing-in-age taxes while rising labor supply elasticities and optimal late retirement of highly … combination of age-dependent linear taxes with increasing-in-age retirement benefits generates welfare gains close to optimal. …
Persistent link: https://www.econbiz.de/10012030361
Persistent link: https://www.econbiz.de/10012100638
Many Americans claim Social Security benefits early, though this leaves them with lower benefits throughout retirement … strategic survey about the lump sum. In other words, such a reform could provide an avenue for encouraging delayed retirement …
Persistent link: https://www.econbiz.de/10012113997
The paper traces labor market reforms over the last four decades. It provides estimates of retirement incentives for a … performance in Belgium. The results show that the numerous retirement and social security program reforms have had a marked impact …
Persistent link: https://www.econbiz.de/10011931740
five margins of labor supply: labor market participation, hours worked, job search, retirement, and on-the-job training. A … passive fiscal strategy would be very costly. A comprehensive reform, including an increase in the retirement age to 68 years …
Persistent link: https://www.econbiz.de/10011933262
of labour, like education, disability, retirement age, participation rates and part time work (especially for women), and …
Persistent link: https://www.econbiz.de/10011968188