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Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The … model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks … account for differences in the longevity risk by health status can effectively reduce the consumption risks, but only slightly …
Persistent link: https://www.econbiz.de/10012587858
Persistent link: https://www.econbiz.de/10012224610
We evaluate the actual effectiveness of disincentives that have been introduced for early retirement in Germany. Therefore, we set up a detailed model of the German social security and tax system with special attention to the PAYG-pension system. Building on the fact that the institutional...
Persistent link: https://www.econbiz.de/10010486012
uses a new source of longitudinal data on the health, labour force participation and retirement decisions of older New … influenced by their health status (both mental and physical), in addition to a wide range of economic, social and demographic … heterogeneity.We find a range of factors to be associated with the decision to retire, notably health status, marital status and …
Persistent link: https://www.econbiz.de/10013085739
impact of partial retirement on employment will be simulated below. The results show that unrestricted access to partial … retirement can lead to an increase in employment volume and generate positive fiscal effects. The effects on employment are …
Persistent link: https://www.econbiz.de/10011762779
normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that … retirement option for the long-term insured. Bridge options allowed employers to terminate employment considerably earlier than … of the bridge options. Therefore mainly employers with high employment adaption costs induced employees to use a bridge …
Persistent link: https://www.econbiz.de/10012167052
relationships between well-being and job satisfaction on the one hand and employment status and retirement, on the other, using …. There is no well-being premium for involuntary late-life work and self-employment compared to retirement, however. Our …
Persistent link: https://www.econbiz.de/10010251177
activity not only decreases the participation rate by inducing early retirement, but also badly affects the employment rate of … older workers just before early retirement age. Countries with an early retirement age at 60 also have lower employment … rates for old workers aged 55-59. Based on the French Labor Force Survey, we show that the likelihood of employment is …
Persistent link: https://www.econbiz.de/10003283431
activity not only decreases the participation rate by inducing early retirement, but also badly affects the employment rate of … older workers just before early retirement age. Countries with an early retirement age at 60 also have lower employment … rates for old workers aged 55-59. Based on the French Labor Force Survey, we show that the likelihood of employment is …
Persistent link: https://www.econbiz.de/10012780624
In this study, I investigate the effect of partial retirement at the firm level on older workers' labor participation. Thereby, I contribute to the controversial debate about the effects of partial retirement. Using detailed administrative employer-employee data from Germany, I exploit the...
Persistent link: https://www.econbiz.de/10012802062