Showing 1 - 10 of 486
The new Medicare drug law that was enacted in late 2003 makes two changes that supporters of the law say should make it easier for today's workers to prepare to pay the medical bills they will confront in retirement: prescription drug benefits (the new Medicare Part D) and health savings...
Persistent link: https://www.econbiz.de/10014070508
In the traditional retirement scenario, individuals work full-time until a given age and then stop working abruptly. In the alternative partial retirement scenario, individuals work part-time for several years before they stop working. For the individual, partial retirement provides a smooth...
Persistent link: https://www.econbiz.de/10013072952
There is economic pressure towards the postponement of the retirement age, but employers are still reluctant to employ older workers. We investigate the comparative behavior of juniors and seniors in experiments conducted both onsite with the employees of two large firms and in a conventional...
Persistent link: https://www.econbiz.de/10014197893
In order to face the aging of their populations governments of developed countries reformed their retirement systems during the last two decades, by discouraging early retirement and increasing incentives to work for older workers. Senior participation rates to the labor force not only differ...
Persistent link: https://www.econbiz.de/10010305913
This paper describes early retirement option programs in collective agreements in Sweden during the 1990s. We highlight the differences between actual pension benefits and those stipulated in the standard agreements. We find that the individuals frequently face far better options than those...
Persistent link: https://www.econbiz.de/10010321559
We model retirement behavior in Sweden during the 1990ies with focus on voluntary early retirement where there is an option for "buy-outs". An employer can offer the employees generous pension programs if the employee agrees on early retirement. Earlier studies have neglected such offers, but in...
Persistent link: https://www.econbiz.de/10010321591
This paper collects and reviews information about routes to retirement and exits from the labor force by older workers in Sweden. It gives a concise survey of rules of the major retirement schemes covering disability, sickness and unemployment. Usinglongitudinal micro data from the period...
Persistent link: https://www.econbiz.de/10010321633
The paper reviews large literature on retirement, keeping in mind the goal of finding a suitable model to the labour market of the older workers in Sweden. The review is divided into six sections. The first section explains the problems of defining retirement. The second section deals with a...
Persistent link: https://www.econbiz.de/10010321728
Norwegian administrative data are used to evaluate the impact of a doubling of the threshold in the retirement earnings test. We find almost no impact on the extensive margin, but a positive effect on the intensive margin. This positive effect is uneven over the earnings distribution, and...
Persistent link: https://www.econbiz.de/10010330240
Several studies show that employees with firm-specific skills are more likely to be covered by employer-sponsored pension schemes than workers with general skills. Therefore it can be expected that workers with firm-specific skills retire earlier. This paper tests this prediction using US data...
Persistent link: https://www.econbiz.de/10010268867