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This paper documents and analyzes an important and puzzling stylized fact about retirement behavior: the large … three statutory retirement ages, although there is often no incentive or even a disincentive to retire at these thresholds … covering the universe of German retirees, and I exploit unique variation in financial retirement incentives as well as …
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This paper documents and analyzes an important and puzzling stylized fact about retirement behavior: the large … three statutory retirement ages, although there is often no incentive or even a disincentive to retire at these thresholds … covering the universe of German retirees, and I exploit unique variation in financial retirement incentives as well as …
Persistent link: https://www.econbiz.de/10012861376
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This paper examines how the economic well-being of households changes after a male household member exits the labor force. We examine, in four countries, labor force exits at various ages and present evidence on household income from various sources before and after the exit occurs. We focus on...
Persistent link: https://www.econbiz.de/10010495303
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. Here we show that social security income (i.e., income from public, industry-wide, insurance-based, retirement and … disability programs) is most important for men who exit at older ages in the four countries (Canada, Germany, Great Britain, and …, Canada, and Great Britain plays a much more important role in replacing the labor earnings of men who exit at older ages than …
Persistent link: https://www.econbiz.de/10014220907