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In the paper is considered identification of coefficients in equations explaining a continuous variable, say the number of sickness absence days of an individual per year, by cohort, time and age, subject to their definitional identity. Extensions of a linear equation to polynomials, including...
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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
workers may be willing and able to continue working past the standard retirement age, due to health status and other factors … possibility of delayed retirement ages. However, the postponement of retirement may not be universally feasible, since not all …. We model this uncertain retirement problem in an overlapping generations general equilibrium framework with flexible …
Persistent link: https://www.econbiz.de/10012950236
retirement decisions. This paper provides some background about demography, health, and retirement; summarizes how current …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 Most of … the current pension laws relating to retirement age were codified decades ago, and they have become badly out of date …
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