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We present quasi-experimental evidence on the effects of increasing the Early Retirement Age (ERA) on older workers …' retirement decisions. The analysis is based on social security reforms in Austria in 2000 and 2004, and administrative data …
Persistent link: https://www.econbiz.de/10011526743
Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and … 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
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
We present quasi-experimental evidence on the effects of increasing the Early Retirement Age (ERA) on older workers …' retirement decisions. The analysis is based on social security reforms in Austria in 2000 and 2004, and administrative data …
Persistent link: https://www.econbiz.de/10012984833
Persistent link: https://www.econbiz.de/10008667194
Persistent link: https://www.econbiz.de/10012874763
Using Italian data, we estimate an option value model to quantify the effectof financial incentives on retirement …
Persistent link: https://www.econbiz.de/10011382043
concerning the "demographic change" with now longer retirement periods. This study will contribute to the life satisfaction … entrance into retirement. In particular, with the individual longitudinal data and 33 waves of the Socio-Economic Panel (SOEP … satisfaction indeed is decreasing before retirement, is increasing at the entrance into retirement, and is decreasing then after …
Persistent link: https://www.econbiz.de/10011913494
Do people form correct expectations about the impact of retirement on their health? This paper looks at unexpected … the problem of reverse causality (running from health condition to retirement). Our findings indicate that retirement … vary in the same way, i.e. improve unexpectedly after retirement for men. These findings suggest that, at least in the case …
Persistent link: https://www.econbiz.de/10011776035
is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … substitution effect of earned income is negative, thus decreasing the retirement probability. The retirement decision is strongly … state persistent for up to three years after the initial retirement decision and the state persistence of retirement is …
Persistent link: https://www.econbiz.de/10010239270