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effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …
Persistent link: https://www.econbiz.de/10011440834
retirement behavior as low-skilled Germans. The results are consistent with low-skilled workers in Germany being frozen in a …
Persistent link: https://www.econbiz.de/10010470896
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …
Persistent link: https://www.econbiz.de/10014476768
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …
Persistent link: https://www.econbiz.de/10014370431
effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that retirement behavior is strongly influenced by the level of disincentives. Further, disincentives …
Persistent link: https://www.econbiz.de/10011595496
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …
Persistent link: https://www.econbiz.de/10014088379
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …
Persistent link: https://www.econbiz.de/10013472034
a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 … responses to becoming eligible for the early retirement scheme. Our results indicate that the probability of retiring … retiring at the same age with deductions. Second, we employ a coarsened exact matching procedure to compare retirement entry …
Persistent link: https://www.econbiz.de/10012230971
We provide empirical evidence that the removal of work disincentives embedded in retirement earnings tests can increase … based on a reform of the Norwegian early retirement program, which entailed that adjacent birth cohorts were exposed to … completely different work incentives from age 62. The reform removed a strict retirement earnings test such that pension wealth …
Persistent link: https://www.econbiz.de/10012161348
We propose a unified framework to measure the effects of different reforms of the pension system on retirement ages and … retirement decisions are explicitly modeled within a public pension system. Heterogeneity with respect to consumption preferences … behavior of households, we observe that feedback effects do occur. Results suggest that individual retirement decisions are …
Persistent link: https://www.econbiz.de/10011891939