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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
We analyze the influence of health and financial incentives on the retirement behavior of older workers in France …, building upon Stock and Wise (1990) option value approach. The model accounts for three main retirement routes: the normal … retirement, disability insurance (DI) and unemployment/preretirement pathways, and is estimated with a combination of …
Persistent link: https://www.econbiz.de/10013050274
relationships between well-being and job satisfaction on the one hand and employment status and retirement, on the other, using …. There is no well-being premium for involuntary late-life work and self-employment compared to retirement, however. Our …Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and …
Persistent link: https://www.econbiz.de/10010251177
is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … substitution effect of earned income is negative, thus decreasing the retirement probability. The retirement decision is strongly … state persistent for up to three years after the initial retirement decision and the state persistence of retirement is …
Persistent link: https://www.econbiz.de/10010239270
Persistent link: https://www.econbiz.de/10014574265
Externalities in leisure are considered an important reason for partners' joint retirement. This study quantifies the … extent to which partners actually spend more leisure time "together" at retirement. Exploiting legal retirement age in France …, we identify the effect of retirement on partners' hours of leisure, distinguishing leisure hours spent together or not …
Persistent link: https://www.econbiz.de/10011522324
We present quasi-experimental evidence on the effects of increasing the Early Retirement Age (ERA) on older workers …' retirement decisions. The analysis is based on social security reforms in Austria in 2000 and 2004, and administrative data …
Persistent link: https://www.econbiz.de/10011526743
We present quasi-experimental evidence on the effects of increasing the Early Retirement Age (ERA) on older workers …' retirement decisions. The analysis is based on social security reforms in Austria in 2000 and 2004, and administrative data …
Persistent link: https://www.econbiz.de/10012984833
Early retirement is usually explained as a supply-side phenomenon. However, early retirement can also be a demand …-side phenomenon arising from a firm's profit maximization behavior. This paper analyzes voluntary and involuntary early retirement … based on international microdata covering 19 industrialized countries. The results indicate that generous early retirement …
Persistent link: https://www.econbiz.de/10013318206
Persistent link: https://www.econbiz.de/10012107807