Showing 1 - 10 of 2,860
Retirement Study? This article uses household wealth and labor market data from the Health and Retirement Study (HRS …) to investigate how the recent "Great Recession" has affected the wealth and retirement of those approaching retirement … age as the recession began, a potentially vulnerable population. The retirement wealth of people aged 53–58 in 2006 …
Persistent link: https://www.econbiz.de/10014164011
wealth. This pattern is consistent across multiple retirement age thresholds and cohorts, including both individuals who have … that welfare effects are unequally distributed. Individuals with low pension wealth show the largest increases in labor …
Persistent link: https://www.econbiz.de/10014486681
This paper develops a general equilibrium life-cycle model with endogenous retirement and disability risk, in order to … analysis focus on the increase in the normal retirement age (NRA) from age 65 to 67 (Reform 2007) and the recent increase in … early retirement benefits in the future. …
Persistent link: https://www.econbiz.de/10013473681
This paper develops a general equilibrium life-cycle model with endogenous retirement and disability risk, in order to … analysis focus on the increase in the normal retirement age (NRA) from age 65 to 67 (Reform 2007) and the recent increase in … early retirement benefits in the future …
Persistent link: https://www.econbiz.de/10014264162
Retirement policies are individually designed but the majority of people of retirement age live as couples. We estimate …'s unobserved heterogeneity. We conclude that the reform immediately reduced both spouses' retirement probability. The wife …'s retirement probability also drops by 1 to 4 percentage points if the husband is hit by the reform, and vice-versa. Instrumenting …
Persistent link: https://www.econbiz.de/10011580555
A critical question for Social Security policy is how program incentives affect retirement behavior. We use the wealth … of new data available through the Health and Retirement Survey (HRS) to examine the impact of Social Security incentives … on male retirement. We implement forward-looking models of retirement whereby individuals consider not just the …
Persistent link: https://www.econbiz.de/10014036681
could be achieved if people retire from the work force later in life. Partial retirement, the option to work part-time while … drawing a pension before reaching the normal retirement age, could create the necessary conditions for reaching this goal. The … impact of partial retirement on employment will be simulated below. The results show that unrestricted access to partial …
Persistent link: https://www.econbiz.de/10011762779
This paper investigates the retirement patterns of married couples in Belgium. To forecast retirement behavior, we use …'s structural design affect both partners' retirement decisions. We simulate the effect of the elimination of the spousal bonus and … find that a small portion of women delay their retirement whereas the rest substitute into alternative social security …
Persistent link: https://www.econbiz.de/10014366803
This research analyses retirement behaviour in Austria based on a combined administrative dataset. Data from the … comprehensive microsimulation model of the Austrian pension system is developed and applied to calculate retirement benefit … constructed. Specifically, social security wealth, accrual rate, peak and option values are computed for more than 300 …
Persistent link: https://www.econbiz.de/10010483218
contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three …-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and …
Persistent link: https://www.econbiz.de/10011994093