Showing 1 - 10 of 5,903
The authors formulate a stylized structural model of health, wealth accumulation and retirement decisions building on … consumption, health, health investment, savings and retirement. They argue that the Grossman literature has been unnecessarily … deteriorating health as an important reason for early retirement. They find that improvements in population health decrease the …
Persistent link: https://www.econbiz.de/10014210978
-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
transfers can have important implications for family decisions. This paper estimates the effects of parental retirement on adult … exploit eligibility ages for early retirement for identification in a regression discontinuity design. The results show that … parent's early retirement significantly increases the probability of childbirth for adult children. However, parental …
Persistent link: https://www.econbiz.de/10012178365
This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …
Persistent link: https://www.econbiz.de/10012405524
This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …
Persistent link: https://www.econbiz.de/10013251539
. It aims to assess the cost of converting retirement benefit into a life care annuity with graded benefits using a pre … valuing this type of life care annuity. The health dynamics of the annuitant rely on a reversible illness-death multistate … would be no exaggeration to say that embedding long-term care coverage into the retirement system in the USA might not be …
Persistent link: https://www.econbiz.de/10012968945
system in the Netherlands to calculate net replacement rates at each age from 60 to 70 in full and partial retirement … analyze the implications of late full retirement and partial retirement for the occupational and state pension entitlements …. We pay particular attention to the retirement scenarios that are relevant for the current policy measures, aimed at …
Persistent link: https://www.econbiz.de/10013123970
decisions as well as novel mechanisms governing these trade-offs. Using data from the Health and Retirement Study and the … education and marital status, (2) strong correlations between health, labor supply and benefit claiming decisions and (3 …, marital status and SS program knowledge. The model includes uncertainty in health, subjective survival, wages, and job …
Persistent link: https://www.econbiz.de/10013217290
A model is presented that explains the mix between funded and unfunded pension systems. It turns out that total pension and the relative shares of the two systems may be explained and are determined by the population growth rate, technological growth, the time-preference discount rate, the...
Persistent link: https://www.econbiz.de/10011326408
This paper provides new insights on the effect of inheritance receipt on retirement. We build on lifelong information … allows us to compare current retirement rates among current and future inheritors. Chances of current retirement are 40 …
Persistent link: https://www.econbiz.de/10011959281