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In 1988, an early retirement program (AFP) was introduced in Norway for the 66-years-old. Since then, AFP has gradually …
Persistent link: https://www.econbiz.de/10011398422
Persistent link: https://www.econbiz.de/10011494580
There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk using a stochastic version of the Ramsey model. We develop a simulation-based econometric methodology which allows us to estimate the model in the structural form...
Persistent link: https://www.econbiz.de/10011334326
There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk using a stochastic version of the Ramsey model. We develop a simulation-based econometric methodology which allows us to estimate the model in the structural form...
Persistent link: https://www.econbiz.de/10014075586
This chapter explains the logic of structural econometric models and compares them to other types of econometric models. We provide a framework researchers can use to develop and evaluate structural econometric models. This framework pays particular attention to describing different sources of...
Persistent link: https://www.econbiz.de/10014024951
retirement schemes into less generous and actuarially fair capital funded schemes. The starting dates of the transitional … the policy reform on early retirement behaviour. We use a large administrative dataset, the Dutch Income Panel 1989 …-2000, to estimate hazard rate models for early retirement. We conclude that the policy reform induced workers to postpone early …
Persistent link: https://www.econbiz.de/10011348709
retirement schemes into less generous and actuarially fair capital funded schemes. The starting dates of the transitional … the policy reform on early retirement behaviour. We use a large administrative dataset, the Dutch Income Panel 1989 …-2000, to estimate hazard rate models for early retirement. We conclude that the policy reform induced workers to postpone early …
Persistent link: https://www.econbiz.de/10003289881
Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the …
Persistent link: https://www.econbiz.de/10011318580
Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the …
Persistent link: https://www.econbiz.de/10011405423
Persistent link: https://www.econbiz.de/10010462216