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Forward-looking labor supply responses to changes in pension wealth : evidence from Germany
Artmann, Elisabeth; Fuchs-Schündeln, Nicola; Giupponi, … - 2023
We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...
Persistent link: https://www.econbiz.de/10014279704
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Forward-looking labor supply responses to changes in pension wealth : evidence from Germany
Artmann, Elisabeth; Fuchs-Schündeln, Nicola; Giupponi, … - 2023
We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...
Persistent link: https://www.econbiz.de/10014280148
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Reference points for retirement behavior : evidence from German pension discontinuities
Seibold, Arthur - 2019
This paper documents and analyzes an important and puzzling stylized fact about retirement behavior: the large … three statutory retirement ages, although there is often no incentive or even a disincentive to retire at these thresholds … covering the universe of German retirees, and I exploit unique variation in financial retirement incentives as well as …
Persistent link: https://www.econbiz.de/10012057310
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Taking back control? : quasi-experimental evidence on the impact of retirement on locus of control
Clark, Andrew E.; Zhu, Rong - 2023
We use nationally representative panel data from Australia to consider the impact of retirement on individual locus of … causality via cohort-specific eligibility age for the Australian Age Pension. We show that retirement leads to increased … effects of retirement on health and subjective well-being, respectively. The impact of retirement on control beliefs varies …
Persistent link: https://www.econbiz.de/10014454434
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The Effect of Pension Subsidies on the Retirement Timing of Older Women : Evidence from a Kink Design in Germany
Ye, Han - 2019
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
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Reference Points for Retirement Behavior : Evidence from German Pension Discontinuities
Seibold, Arthur - 2019
This paper documents and analyzes an important and puzzling stylized fact about retirement behavior: the large … three statutory retirement ages, although there is often no incentive or even a disincentive to retire at these thresholds … covering the universe of German retirees, and I exploit unique variation in financial retirement incentives as well as …
Persistent link: https://www.econbiz.de/10012861376
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The German Pension Reform Up for Discussion - A Microsimulation for the Retirement Arrangement in Germany (AVID-PRO)
Schatz, Christof - 2010
Earlier this year the results of the study ”old-age security in Germany 1996 (AVID 96)“ have been published. This study describes the future age-income-situation of the currently employed population. An essential element is the estimation of future individual working-biographies. This...
Persistent link: https://www.econbiz.de/10013152664
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The effects of an increase in the retirement age on health : evidence from administrative data
Barschkett, Mara; Geyer, Johannes; Haan, Peter; … - 2021
This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort … conclusions. We provide evidence that the increase in the retirement age negatively affects health outcomes as the prevalence of …
Persistent link: https://www.econbiz.de/10012671875
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Maintaining one's living standard at old age : what does that mean? ; evidence using panel data from Germany
Dudel, Christian; Ott, Notburga; Werding, Martin - 2013
How much retirement income is needed in order to maintain one's living standard at old age? As it is difficult to find … replacement rate vis- a-vis income in the pre-retirement period. We subject indications regarding satisfaction with current income … the year of entry into retirement as a rather robust result, while replacement rates keeping the living standard unchanged …
Persistent link: https://www.econbiz.de/10009766250
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Do Retirement Savings Increase in Response to Information About Retirement and Expected Pensions?
Dolls, Mathias - 2018
How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide …
Persistent link: https://www.econbiz.de/10012925277