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is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth … substitution effect of earned income is negative, thus decreasing the retirement probability. The retirement decision is strongly …
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In January 2006, the Dutch government implemented a pension reform that substantially reduced the public pension wealth … 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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is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth … substitution effect of earned income is negative, thus decreasing the retirement probability. The retirement decision is strongly …
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