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We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in … individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is … strongly correlated with U.S. occupational retirement ages, indicating an inherent association between occupations and …
Persistent link: https://www.econbiz.de/10014251290
Cross-country variation in effective retirement age is usually attributed to institutional differences that affect … its average effective retirement age. Using U.S. Census data we infer the average retirement age by occupation, which we … then use to predict the retirement age of 38 countries, using the occupational distribution of these countries. Our …
Persistent link: https://www.econbiz.de/10014176819
Retirement Around the World. The first phase described the retirement Incentives inherent in plan provisions and documented the …
Persistent link: https://www.econbiz.de/10014043291
We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in … individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is … strongly correlated with U.S. occupational retirement ages, indicating an inherent association between occupations and …
Persistent link: https://www.econbiz.de/10014358043
Security Programs and Retirement Around the World. The project was launched in the mid 1990s and was motivated by decades of … program provisions can create powerful incentives for retirement that are strongly correlated with the labor force behavior of … reforms of retirement incentives and employ micro-econometric methods in order to study whether the correlation between …
Persistent link: https://www.econbiz.de/10014447300
This paper shows that labor income plays an important positive role for the decision to work after retirement … elasticity. Men are more attracted by earnings incentives than women. Also individuals who work until retirement can easier be … attracted by financial incentives to work after retirement than those with bridge options. Our analysis is based on a …
Persistent link: https://www.econbiz.de/10012299799
Persistent link: https://www.econbiz.de/10011696685
This monograph surveys the results of government intervention in the market for retirement income provision throughout … its best to crowd out private initiative, but, where they are allowed to, families make provision for retirement in all … provision for their retirement. So-called 'market failure' will always ensure that the result is imperfect. But, by comparison …
Persistent link: https://www.econbiz.de/10013158842
In this chapter, we first discuss the history of the Health and Retirement Study (HRS) network of surveys and how its …
Persistent link: https://www.econbiz.de/10014023470
This paper investigates the consequences of pension reform for life-cycle unemployment and retirement. We find that (i … retirement and boosts efficiency; and (iv) extending the calculation period favors employment of young workers, might possibly … lead to more unemployment among older ones, encourages postponed retirement and most likely yields positive welfare gains …
Persistent link: https://www.econbiz.de/10009686201