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-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … document that the pension reform leads to a postponement of retirement, an increase in employment and a shifting in …
Persistent link: https://www.econbiz.de/10012979334
What is the optimal retirement age? This paper looks at the optimal retirement age from various perspectives. Most of … the current pension laws relating to retirement age were codified decades ago, and they have become badly out of date … retirement decisions. This paper provides some background about demography, health, and retirement; summarizes how current …
Persistent link: https://www.econbiz.de/10014217136
could be achieved if people retire from the work force later in life. Partial retirement, the option to work part-time while … drawing a pension before reaching the normal retirement age, could create the necessary conditions for reaching this goal. The … impact of partial retirement on employment will be simulated below. The results show that unrestricted access to partial …
Persistent link: https://www.econbiz.de/10011762779
supply and endogenous retirement. When the fixed cost of work is increasing in wage, the optimal retirement wedge provides … stronger incentives for delayed retirement with age. Retirement benefits that resemble the US Social Security system can … implement the optimum. Calibrated numerical simulations suggest that a mix of retirement benefits that increase with claiming …
Persistent link: https://www.econbiz.de/10012853571
This research analyses retirement behaviour in Austria based on a combined administrative dataset. Data from the … comprehensive microsimulation model of the Austrian pension system is developed and applied to calculate retirement benefit …
Persistent link: https://www.econbiz.de/10010483218
We evaluate the actual effectiveness of disincentives that have been introduced for early retirement in Germany … are able to estimate the parameters of a structural dynamic retirement model. This allows us to answers the question …, whether and to what degree disincentives are able to steer retirement behavior of German pensioners. These estimates are based …
Persistent link: https://www.econbiz.de/10010486012
This paper investigates the role of productivity as a determinant of the worker's retirement intentions. Using an … overlapping generation framework, we analyze the retirement decision of a cohort of workers being ability heterogeneous. The labor …-the-job training (simple jobs). In case of technological change, workers in complex jobs delay their retirement date, whereas workers …
Persistent link: https://www.econbiz.de/10010463653
employment offices in Poland. Thus, we study a whole population of individuals who experienced this type of transition over the … time period 1996-2015. We examine the transition from unemployment to retirement as a multi-year process. We analyse …
Persistent link: https://www.econbiz.de/10012959037
Persistent link: https://www.econbiz.de/10001729546
The paper reviews large literature on retirement, keeping in mind the goal of finding a suitable model to the labour … defining retirement. The second section deals with a multitude of labour market exit channels. Specific features of modelling … old-age retirement, disability, sick leave, and unemployment of the aged are explained. The third section is concerned …
Persistent link: https://www.econbiz.de/10011586425