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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
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
Recently several countries, including Estonia, Latvia, Lithuania, Hungary, Poland, Romania and Slovakia, have at least … partially reversed their earlier moves towards compulsory defined-contribution schemes. This paper concentrates on Poland, which … sharply relative to those of working-age population. Partially reversing pension reform will also cost Poland in terms of risk …
Persistent link: https://www.econbiz.de/10011430865
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
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
retirement and work incentives of prime-age workers. We find that postponed retirement tends to harm incentives of prime …
Persistent link: https://www.econbiz.de/10010264176
possible need to stay at work until the standard retirement age. In economic theory, retirement is described as an individual … decision in which the opportunity costs of leisure time are weighed against the anticipated retirement income. How the … to which couples coordinate their retirement plans and take a joint decision. Our analysis shows that joint retirement …
Persistent link: https://www.econbiz.de/10014285062
Weltwirtschaft Kiel, bezeichnet die Rentenreform als einen Schritt in die falsche Richtung, die Verlieren seien die nicht …
Persistent link: https://www.econbiz.de/10011693623
steigern, schlagen die Autoren eine sanfte Rentenreform vor, die 'Nudging'-Elemente nutzt. … will boost retirement savings without interfering with individuals' freedom of choice. …
Persistent link: https://www.econbiz.de/10011773222