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security benefits, and the average retirement age ten or twenty years from now. We find significant variation in expectations …
Persistent link: https://www.econbiz.de/10010082266
Industrial decline and restructuring in the transition economies presents a prime example of the relationship between changes in aggregate economic indicators and underlying microeconomic adjustments. This paper employs matched labor force survey data to focus on the magnitude and determinants...
Persistent link: https://www.econbiz.de/10010082264
The reaction of the German labor market to the Great Recession 2008/09 was relatively mild – especially compared to other countries. The reason lies not only in the specific type of the recession – which was favorable for the German economy structure – but also in a series of labor market...
Persistent link: https://www.econbiz.de/10010082267
have reached the statutory retirement age. …
Persistent link: https://www.econbiz.de/10010148259
The present paper estimates the effect over participation outcomes of the new reform to the pension system made in Chile in 2008, using a difference in difference matching estimation. The main results found that the treated group shows a higher withdrawal from the labor market and that they...
Persistent link: https://www.econbiz.de/10010160822
In this paper we analyze the influence that incentives play in the timing of the transition to retirement in Spain. We … incentives and other socio-economic variables on the retirement hazard of men aged between 60 and 70, using a duration model to … significant role in retirement decisions, but that, after the reform, the latter effects become less important. …
Persistent link: https://www.econbiz.de/10010160828
results with regard to retirement pensions (indicating the suitability of the model) as well as the GDP relative cost …
Persistent link: https://www.econbiz.de/10009957384
This article is the first one to use individual data to analyze the demand for AFP in Chile. This study implements panel data techniques which allow us to estimate the switch probability of an AFP customer. Results confirm the fundamental role of sales agents, which was already suggested by...
Persistent link: https://www.econbiz.de/10009959076
This study estimates the hypothetical level of contributions collected and pensions paid in the future by the social security budget in five of the most influential countries in the world today. Historical data from 1980 to 2009 declared by each state's monitoring organization have been analyzed...
Persistent link: https://www.econbiz.de/10010081779
The paper argues that a comprehensive activation strategy is called for – in both unemployment and disability insurance – to minimize the conflict between income insurance and work incentives and to prevent the economic crisis from causing a long-lasting decline in labor force participation....
Persistent link: https://www.econbiz.de/10010082275