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We study how social security influences the retirement behavior of couples. First, we exploit over two decades of full …-population data and a discontinuity design to document sizable retirement spillovers to spouses when individuals reach pension … joint retirement, which is driven by older spouses working longer. Accounting for these age differences reveals a strong …
Persistent link: https://www.econbiz.de/10012597814
This paper develops a structural dynamic retirement model to investigate effects and corresponding underlying … mechanisms of a partial retirement program on labor supply, fiscal balances, and the pension income distribution. The structural … approach allows for disentangling the two counteracting mechanisms that drive the employment effects of partial retirement: 1 …
Persistent link: https://www.econbiz.de/10011709806
's retirement decision. Using administrative pension insurance records from Germany, I examine the impact of a pension subsidy …
Persistent link: https://www.econbiz.de/10011913479
assess the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male …. We show that retirement expectations are in line with realizations and that the reform had the intended effect on the …
Persistent link: https://www.econbiz.de/10011876086
the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male …. We show that retirement expectations are in line with realizations and that the reform increased the labor supply for the …
Persistent link: https://www.econbiz.de/10012427616
We investigate the responsiveness of individual retirement decisions to changes in financial incentives. A reform … increased women's normal retirement age (NRA) in two steps from age 62 to age 63 first and then to age 64. At the same time … retirement at the previous NRA became possible at a benefit discount. Since the reform affected specific birth cohorts we can …
Persistent link: https://www.econbiz.de/10009535096
's retirement decision. Using administrative pension insurance records from Germany, I examine the impact of a pension subsidy …
Persistent link: https://www.econbiz.de/10012910725
I estimate the effect of additional pension benefits on women's retirement decisions by examining a German pension …
Persistent link: https://www.econbiz.de/10012890153
decisions as well as novel mechanisms governing these trade-offs. Using data from the Health and Retirement Study and the … Security benefits prior to their normal retirement age, despite large penalties associated with these early benefit claims. We …
Persistent link: https://www.econbiz.de/10013217290
We analyze the influence of health and financial incentives on the retirement behavior of older workers in France …, building upon Stock and Wise (1990) option value approach. The model accounts for three main retirement routes: the normal … retirement, disability insurance (DI) and unemployment/preretirement pathways, and is estimated with a combination of …
Persistent link: https://www.econbiz.de/10013050274