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In this paper, we consider how the hours of work and retirement age ought to respond to a change in the uncertainty of … individuals' labor supply and retirement-decisions, the results show that a decrease in the standard deviation of life …-length leads to an increase in the optimal retirement age and a decrease in the hours of work per period spent working. This result …
Persistent link: https://www.econbiz.de/10011809912
Retirement Around the World. The first phase described the retirement Incentives inherent in plan provisions and documented the … in mortality over time and in particular the relationship between mortality and labor force participation, thinking of … mortality as one indicator of health that is comparable across countries and over time in the same country. We then consider how …
Persistent link: https://www.econbiz.de/10014043291
This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort … conclusions. We provide evidence that the increase in the retirement age negatively affects health outcomes as the prevalence of …
Persistent link: https://www.econbiz.de/10012705582
This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort … conclusions. We provide evidence that the increase in the retirement age negatively affects health outcomes as the prevalence of …
Persistent link: https://www.econbiz.de/10012671875
This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort … conclusions. We provide evidence that the increase in the retirement age negatively affects health outcomes as the prevalence of …
Persistent link: https://www.econbiz.de/10013191363
Most research relating to the adequacy of the Australian retirement system has concentrated on Pillars 1 and 2. This … living in retirement, and in most scenarios, the contribution to retirement adequacy from Pillars 3 and 4 is very significant …
Persistent link: https://www.econbiz.de/10012866937
A problem that faces many countries including the United States is how to finance retirement consumption as the … population ages. Proposals for switching to a saving-for-retirement system that does not rely on high payroll taxes have been … transition path from the current U.S. system to a saving-for-retirement system that increases the welfare of all current and …
Persistent link: https://www.econbiz.de/10011800942
This paper examines the possibility of embedding public long-term care (LTC) insurance within the retirement pension … attention to the assumptions made about mortality rates for dependent persons and LTC incidence rates, which largely determine …
Persistent link: https://www.econbiz.de/10013006162
Increasing retirement ages in an automatic or scheduled way with increasing life expectancy at retirement is a popular … Bayesian Model Ensemble of heterogeneous stochastic mortality models comprised of parametric models, principal component … process, model, and parameter risks. The results show that: (i) retirement ages are forecasted to increase substantially in …
Persistent link: https://www.econbiz.de/10012597036
administrative data on cause-specific mortality, hospitalizations and drug prescriptions. Exogenous variation in retirement timing … retirement impacts mortality or health care utilization. …This essay estimates the causal effect of postponing retirement on a wide range of health outcomes using Swedish …
Persistent link: https://www.econbiz.de/10011542473