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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
Retiring at age 62 allow pensions and Social Security payments earlier, with three more years of leisure time. Waiting to retire at age 65 will probably give the retiree larger pension and Social Security payments plus the earnings from three more years of work. We present a methodology for...
Persistent link: https://www.econbiz.de/10013053351
In this paper, we consider how the hours of work and retirement age ought to respond to a change in the uncertainty of … individuals' labor supply and retirement-decisions, the results show that a decrease in the standard deviation of life …-length leads to an increase in the optimal retirement age and a decrease in the hours of work per period spent working. This result …
Persistent link: https://www.econbiz.de/10011809912
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 Most of … the current pension laws relating to retirement age were codified decades ago, and they have become badly out of date … retirement decisions.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
impact of partial retirement on employment will be simulated below. The results show that unrestricted access to partial … retirement can lead to an increase in employment volume and generate positive fiscal effects. The effects on employment are … could be achieved if people retire from the work force later in life. Partial retirement, the option to work part-time while …
Persistent link: https://www.econbiz.de/10011762779
possibility of delayed retirement ages. However, the postponement of retirement may not be universally feasible, since not all … workers may be willing and able to continue working past the standard retirement age, due to health status and other factors …. We model this uncertain retirement problem in an overlapping generations general equilibrium framework with flexible …
Persistent link: https://www.econbiz.de/10012950236
effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …
Persistent link: https://www.econbiz.de/10011440834
effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that retirement behavior is strongly influenced by the level of disincentives. Further, disincentives …
Persistent link: https://www.econbiz.de/10011595496
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/10011345870
Persistent link: https://www.econbiz.de/10010529581