Showing 1 - 10 of 29,842
This paper uses the receipt of an inheritance to measure the effect of wealth shocks on retirement. Using the Health … and Retirement Study (HRS), we first document that inheritance receipt is common among older workers - one in five … baseline retirement rate, over an eight-year period. Importantly, this effect is stronger when the inheritance is unexpected …
Persistent link: https://www.econbiz.de/10012727007
decisions as well as novel mechanisms governing these trade-offs. Using data from the Health and Retirement Study and the … Security benefits prior to their normal retirement age, despite large penalties associated with these early benefit claims. We …
Persistent link: https://www.econbiz.de/10013217290
The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used theoretical model of household behavior in economics, but does this model apply in the case of a country like Japan, which is said to have closer family ties than other countries? In...
Persistent link: https://www.econbiz.de/10012291218
We study the effect of receiving an inheritance on the labor force participation (LFP) of both the recipient and the … recipient's spouse in a population of older married couples. An inheritance is not subject to laws governing division of marital … inheritance expectations, we interpret the receipt of an inheritance as a shock to wealth. Our results indicate that receiving an …
Persistent link: https://www.econbiz.de/10011502878
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
concerning the "demographic change" with now longer retirement periods. This study will contribute to the life satisfaction … entrance into retirement. In particular, with the individual longitudinal data and 33 waves of the Socio-Economic Panel (SOEP … satisfaction indeed is decreasing before retirement, is increasing at the entrance into retirement, and is decreasing then after …
Persistent link: https://www.econbiz.de/10011913494
concerning the "demographic change" with now longer retirement periods. This study will contribute to the life satisfaction … entrance into retirement. In particular, with the individual longitudinal data and 33 waves of the Socio-Economic Panel (SOEP … satisfaction indeed is decreasing before retirement, is increasing at the entrance into retirement, and is decreasing then after …
Persistent link: https://www.econbiz.de/10011918313
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 …
Persistent link: https://www.econbiz.de/10011876086
We study the retirement effects on mental health using a fuzzy regression discontinuity design based on the eligibility … status. Retirement of partnered men positively affects mental health of both themselves and their partners. Single men … retiring experience a drop in mental health. Female retirement has hardly any effect on their own mental health or the mental …
Persistent link: https://www.econbiz.de/10012138793
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