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We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain … retirement. Unlike previous literature, we find that (i) financial incentives, when measured adequately, exert a greater impact … in determining retirement decisions. We also perform simulations of a recently enacted reform of pension incentives and …
Persistent link: https://www.econbiz.de/10011377097
paper, we use two sets of individual survey data to study the role of health and financial incentives in early retirement … decisions in Germany, in particular disability benefit uptake. We show that financial incentives to retire do affect sick …
Persistent link: https://www.econbiz.de/10013059094
paper, we use two sets of individual survey data to study the role of health and financial incentives in early retirement … decisions in Germany, in particular disability benefit uptake. We show that financial incentives to retire do affect sick …
Persistent link: https://www.econbiz.de/10012458775
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 … health events, proxied by unanticipated hospitalizations, to information on retirement decisions and actual incentives from …
Persistent link: https://www.econbiz.de/10011648295
This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort-specific pension reform for women using two complementary empirical approaches - a Regression Discontinuity Design and a Difference-in- Differences approach. The analysis is based on...
Persistent link: https://www.econbiz.de/10012671875
health and incentives matter in the decision to exit from the labor market. Based on these results, we simulate the effect of …
Persistent link: https://www.econbiz.de/10010223618
health and incentives matter in the decision to exit from the labor market. Based on these results, we simulate the effect of …
Persistent link: https://www.econbiz.de/10013071759
find that the incentives faced by older workers differ hugely across countries. In fact, based solely on differences in …
Persistent link: https://www.econbiz.de/10011484681
health, the cost of which is dependent on health insurance coverage. We find that the incentives faced by older workers …
Persistent link: https://www.econbiz.de/10009738279
This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age was 60 years of age. Estimating the effect of the...
Persistent link: https://www.econbiz.de/10010358447