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We model retirement behavior in Sweden during the 1990ies with focus on voluntary early retirement where there is an … retirement. Earlier studies have neglected such offers, but in doing so, estimates of the individuals' responses to financial … incentives in a retirement decision are likely to be biased upward. We propose an estimation strategy where the retirement …
Persistent link: https://www.econbiz.de/10010321591
retirement. The results remain robust when controlling for technological change and work commitment. …
Persistent link: https://www.econbiz.de/10010268867
current earnings than members of defined contribution pensions and that median expected private pension income in retirement … less likely to expect any inheritance. Hence we conclude that inequalities in different dimensions of retirement resources …
Persistent link: https://www.econbiz.de/10010293040
We use a unique dataset on individual retirement decisions in Swiss pension funds to analyze the choice between an … annuity and a lump sum at retirement. Our analysis suggests the existence of an ?acquiescence bias?, meaning that a majority …
Persistent link: https://www.econbiz.de/10010261379
driven by earlier normal pension (retirement) ages. For workers of different ages in the two sectors, marginal accruals also …
Persistent link: https://www.econbiz.de/10010293032
eligible for early retirement between 1993 and 1996. Random utility approach is applied to rationalize the observed shifts … between four main stages on the labour market. Specific attention is paid to the retirement decisions. Based on the finest …
Persistent link: https://www.econbiz.de/10010284338
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
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
retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long …
Persistent link: https://www.econbiz.de/10010306211
This paper describes early retirement option programs in collective agreements in Sweden during the 1990s. We highlight … findings is that the effects of economic incentives on retirement very well might be over-estimated. …
Persistent link: https://www.econbiz.de/10010321559