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future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement … age for women born after 1951 in Germany, we show evidence of a reduction in private savings rate and an increase in …
Persistent link: https://www.econbiz.de/10012859308
often claimed that individuals with a higher level of financial literacy display a higher propensity to plan for retirement …. In their planning process, individuals seek to achieve an optimal wealth level before their retirement by modulating … their average saving rate and, as a last step, by choosing their retirement age. In this paper, we test whether UK …
Persistent link: https://www.econbiz.de/10012997752
labour market career may reflect lower rates of retirement among the self-employed compared to employees, as well as …-employed people at older ages in Ireland results from lower retirement rates among the self-employed and not from transitions from … form of supplementary pension cover than the employed. These lower retirement rates and lower degrees of pension cover …
Persistent link: https://www.econbiz.de/10011881438
Extending working lives is often proposed as one route through which the costs associated with population ageing can be managed. In that context, understanding who currently works for longer can help policymakers to design policies to facilitate longer working. In particular, it is important to...
Persistent link: https://www.econbiz.de/10011881446
This paper investigates the effects of increasing the eligibility age for public pension on workers' retirement …
Persistent link: https://www.econbiz.de/10012848177
for working indefinitely. Most workers stating that they would never retire probably would have expected retirement ages … under 67, if they had planned for retirement. Evaluations of retirement adequacy of workers should carefully consider the … retirement …
Persistent link: https://www.econbiz.de/10012935424
Little previous research on planned retirement ages has analyzed factors related to whether workers say they will never … retire. This issue is important both in financial planning and in assessments of retirement adequacy. Using the 1995, 1998 … categories of planned retirement age. For the 1995 to 2007 SCF datasets, 14% to 16% of workers stated they would never retire …
Persistent link: https://www.econbiz.de/10013079309
This paper considers the work to "retirement" transitions of the rural elders in China who reside in seven regions with …
Persistent link: https://www.econbiz.de/10011336959
Over the course of China's economic reforms, a pronounced divergence in the labor force participation patterns of rural and urban elders emerged - rural elders increased their rates of participation while urban elders reduced theirs. In this project, based on the data of the Chinese population...
Persistent link: https://www.econbiz.de/10010337413