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The authors examine how public and private pension and health insurance systems affect retirement transitions. In many … and salary workers, and these differences are likely to cause differential retirement patterns both within and across … retirement patterns. Based on longitudinal data from the Health and Retirement Study (HRS) in the United States and the English …
Persistent link: https://www.econbiz.de/10012726183
the labour force in three countries: Italy, Spain and the USA. Our works stresses the importance of dynamic incentives …This paper looks at the relationship between the institutional design of the social security system and retirement from … provide enough variability in their welfare programs that can be exploited to explain differences in retirement behavior. We …
Persistent link: https://www.econbiz.de/10014088795
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responding to changes in their financial incentives to work. Taken together, our results suggest that the fiscal strengthening …
Persistent link: https://www.econbiz.de/10009713947
Persistent link: https://www.econbiz.de/10011850221
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broadly neutral with regard to work incentives. Exploiting variation in pension wealth and work incentives across different …
Persistent link: https://www.econbiz.de/10012907763
can be explained by the availability of publicly-funded disability insurance and the financial incentives provided by … other retirement income schemes. Using an option value approach, we find that individuals' labor force participation is … affected by financial incentives. A one standard deviation change in the option value is estimated to reduce the likelihood of …
Persistent link: https://www.econbiz.de/10013058259
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broadly neutral with regard to work incentives. Exploiting variation in pension wealth and work incentives across different …
Persistent link: https://www.econbiz.de/10012480912