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Using Italian data, we estimate an option value model to quantify the effectof financial incentives on retirement …
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spouses. This paper analyses the impact of women's pension incentives on the retirement decision of their husband. The 1993 …Recent reforms to social security in many countries have sought to delay retirement. Given the family context in which … retirement decisions are made, social security reforms have potentially important spill-over effects on the participation of …
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We estimate a dynamic structural life-cycle model of employment, non-employment and retirement that includes endogenous … of the tax and transfer system on work incentives. The structural parameter estimates are used to evaluate the effects of … a tax reform targeted at low income individuals on employment behavior and retirement decisions. -- Life-cycle labor …
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We investigate the responsiveness of individual retirement decisions to changes in financial incentives. A reform … identify causal effects. We find strong and robust behavioral effects of changes in financial retirement incentives. A … low education respond most strongly to an increase in the price of leisure. -- retirement insurance ; incentives ; social …
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