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We present a theory of the relation between health and retirement that generates testable predictions regarding the … interaction of health, wealth and financial incentives in retirement decisions. The theory predicts (i) that wealthier individuals … problems make older workers more responsive to financial incentives encouraging retirement (reinforcement proposition). We test …
Persistent link: https://www.econbiz.de/10011648295
We study the retirement effects on mental health using a fuzzy regression discontinuity design based on the eligibility … status. Retirement of partnered men positively affects mental health of both themselves and their partners. Single men … retiring experience a drop in mental health. Female retirement has hardly any effect on their own mental health or the mental …
Persistent link: https://www.econbiz.de/10012138793
the mechanisms that drive positive retirement program results, we find evidence that changes in individual health … the potential benefits of retirement programs resulting from social spillover effects. In addition, these programs may …
Persistent link: https://www.econbiz.de/10012161478
We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain … derived as changes in a composite health stock measure over time. We examine labour market exits into both old age retirement … and a broader definition of retirement including inactivity, while controlling for unobserved heterogeneity. We find that …
Persistent link: https://www.econbiz.de/10010325834
the full eight waves of the European Community Household Panel (ECHP) to study the relationship between retirement, health … findings that declining health is associated with an increased probability of retirement. Additionally a three-level graduated …
Persistent link: https://www.econbiz.de/10011933174
We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain … derived as changes in a composite health stock measure over time. We examine labour market exits into both old age retirement … and a broader definition of retirement including inactivity, while controlling for unobserved heterogeneity. We find that …
Persistent link: https://www.econbiz.de/10011377097
Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be … identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most … prominent ones. We analyze the retirement decision of Belgian workers adopting an option value framework, and pay special …
Persistent link: https://www.econbiz.de/10010223618
By increasing the residual working horizon of employed individuals, pension reforms that raise minimum retirement age … are likely to affect the returns to investments in health-promoting behaviours before retirement, with consequences for … individual health. Using the exogenous variation in minimum retirement age induced by a sequence of Italian pension reforms …
Persistent link: https://www.econbiz.de/10011455643
Both the impacts of financial incentives and health on transitions into retirement and inactivity by older workers have … incentives on the retirement behaviour of workers who experienced health shocks and those who remained in good health. Our … evidence suggests that the impact on retirement of forward-looking incentive measures such as the peak value is conditional on …
Persistent link: https://www.econbiz.de/10013129994
Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be … identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most … prominent ones. We analyze the retirement decision of Belgian workers adopting an option value framework, and pay special …
Persistent link: https://www.econbiz.de/10013071759