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retirement spells has been steadily increasing. We estimate the response of retirement timing to variations in unemployment rate …, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate … rises. Workers around normal retirement age are especially sensitive to variations in the unemployment rate. Workers who are …
Persistent link: https://www.econbiz.de/10010221835
Many Americans claim Social Security benefits early, though this leaves them with lower benefits throughout retirement … strategic survey about the lump sum. In other words, such a reform could provide an avenue for encouraging delayed retirement …
Persistent link: https://www.econbiz.de/10012113838
People who delay claiming Social Security receive higher lifelong benefits upon retirement. We survey individuals on …
Persistent link: https://www.econbiz.de/10012062081
People who delay claiming Social Security receive higher lifelong benefits upon retirement. We survey individuals on …
Persistent link: https://www.econbiz.de/10011584824
Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks, productivity and preferences, and the financial...
Persistent link: https://www.econbiz.de/10011995887
Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks, productivity and preferences, and the financial...
Persistent link: https://www.econbiz.de/10011999473
This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … the early retirement option, the simulations indicate that a means test mitigates the moral hazard problem substantially. …
Persistent link: https://www.econbiz.de/10010128218
This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … the early retirement option, the simulations indicate that a means test mitigates the moral hazard problem substantially. …
Persistent link: https://www.econbiz.de/10010189439
We investigate how Japanese men aged 60-74 adjust their workforce attachment after beginning to receive a public pension. Men who were employees at age 54 gradually move to part-time work or retire after beginning to receive pension benefits; those who continue working are more likely to be...
Persistent link: https://www.econbiz.de/10011449508
retirees. It also examines how the retirement and health care of older citizens might be financed, and measures the potential … Elderly. -- Economics of Aging ; Retirement and Health Care Programs ; Government Spending on Elderly ; Fiscal Pressures of …
Persistent link: https://www.econbiz.de/10003727006