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I contribute new evidence on altruistic preferences in intergenerational transfers using variation in Social Security benefits induced by an inflation-indexing mistake. The instrument is most relevant for those with low education, so I focus on this group. I find support for pure altruism...
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In this paper, we develop and estimate a model of retirement and savings incorporating limited borrowing, stochastic … Health and Retirement Study (HRS), for whom we would expect social security income to be of particular importance. The … and normal retirement ages …
Persistent link: https://www.econbiz.de/10014065035
Recent reforms to social security in many countries have sought to delay retirement. Given the family context in which … retirement decisions are made, social security reforms have potentially important spill-over effects on the participation of … spouses. This paper analyses the impact of women's pension incentives on the retirement decision of their husband. The 1993 …
Persistent link: https://www.econbiz.de/10011496968
's retirement decision. Using administrative pension insurance records from Germany, I examine the impact of a pension subsidy …
Persistent link: https://www.econbiz.de/10011913479
assess the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male …. We show that retirement expectations are in line with realizations and that the reform had the intended effect on the …
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the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male …. We show that retirement expectations are in line with realizations and that the reform increased the labor supply for the …
Persistent link: https://www.econbiz.de/10012427616