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Knowledge about how elderly workers react to changes in pension benefits is important in guiding the design of social security systems. This paper contributes to this knowledge by examining the effect of changed replacement rates on part-time retirement behaviour in Sweden. During the 1980s,...
Persistent link: https://www.econbiz.de/10003774828
Aging populations strain pension systems, prompting policymakers to introduce partial retirement schemes to incentivize workers to retire later. I study the impact of introducing partial retirement within collective bargaining agreements in Sweden's manufacturing sector in 2013. Merging...
Persistent link: https://www.econbiz.de/10014577963
, Germany, Denmark, Poland, the Netherlands and Sweden in 2009, we show that employers mainly prefer to tackle such threats by … notable exception is Denmark, where employers prefer to reduce working hours. In general, a sense of generational fairness …
Persistent link: https://www.econbiz.de/10013082570
Phased retirement has been discussed as a means for increasing labour supply for people of older active age. The idea is that instead of leaving a full-time job early for full-time retirement, an employee should reduce the working time either in the same job or by changing jobs, and stay on in...
Persistent link: https://www.econbiz.de/10003872715
It is a challenge for politics that an aging population leads to demands that the retirement age is increasing while not everyone is able to work to such a higher age. Sweden, like other countries, has several options for early exit from the labour market. However, the regulations have become...
Persistent link: https://www.econbiz.de/10013209886
We study re-entry to the workforce of fully retired persons, so-called unretirement, and whether the decision to resume work depends primarily on social or economic reasons. Using Swedish register data for already retired individuals older than 55, we find unretirement to vary between 6 and 14...
Persistent link: https://www.econbiz.de/10009297376
This paper examines the possibility of embedding public long-term care (LTC) insurance within the retirement pension system, i.e. introducing life care annuities (LCAs) into a notional defined contribution (NDC) framework. To do this we develop a multistate overlapping generations model (MOLG)...
Persistent link: https://www.econbiz.de/10013006162
This paper develops a social insurance accounting model for a notional defined contribution (NDC) scheme combining retirement and long-term care (LTC) contingencies. The procedure relies on standard double-entry bookkeeping and enables us to compile a “Swedish” type actuarial balance sheet...
Persistent link: https://www.econbiz.de/10012912659
The number of disability exits has been increasing in recent years, raising questions both about the well being of affected individuals, and about how to finance the related disability pensions. Using a longitudinal database owned by the Swedish National Social Insurance Board, this study...
Persistent link: https://www.econbiz.de/10014070985
participation in Denmark, Germany and Sweden since 2004. Main emphasis is given to people aged 65–69 years eligible for social …–69 years has taken place in Sweden following by Germany, while the increase in Denmark is rather small. While the increase in … in Denmark, where policy changes directed towards individuals above the age of 65 appear to have been too small so far to …
Persistent link: https://www.econbiz.de/10011834014