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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 retirement behavior is strongly influenced by the level of disincentives. Further, disincentives …
Persistent link: https://www.econbiz.de/10011595496
In this paper, we exploit pension reform-induced changes in retirement eligibility requirements to assess the role of … mothers are retirement eligible have a 11 percent higher probability of being in the labor force than those whose mothers are …
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We study the labor supply effects and welfare implications of introducing a universal means-tested old-age assistance program in times of very limited social protection. We take advantage of a unique historical reform: The Old-Age Pension Act (OPA) of 1908, which, for the first time, provided...
Persistent link: https://www.econbiz.de/10012206620
This paper examines the implications of providing care to elderly parents for adult children's retirement plans using … microdata from a Japanese survey. We find no significant effect of caregiving on family caregivers' planned retirement age if we … do not take into account caregiving intensity but find a negative and significant effect on retirement plans for …
Persistent link: https://www.econbiz.de/10011637974
and accrual elasticities in individuals' retirement decisions. Next, we use these elasticities to estimate a dynamic … programming model of retirement decisions. Finally, we use the estimated model to examine the labor supply and welfare …
Persistent link: https://www.econbiz.de/10010440548