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How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide …
Persistent link: https://www.econbiz.de/10011782119
The objective of the paper is to examine the retirement behaviour of Belgian workers in one-earner households who are … study the link between retirement and financial retirement incentives created by the social security system. We find that … the household replacement rate generates slightly higher retirement incentives through an income effect and we find that …
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retirement savings. Our analysis of nine 401(k) plans incorporates the facts that employees frequently leave firms (often before …
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This paper provides novel evidence on the labor supply response to negative income shocks in retirement, exploiting an …
Persistent link: https://www.econbiz.de/10012548246
standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the … minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …-income workers to retire as soon as they become eligible for the program, which is often earlier than the normal retirement age. …
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Retirement policies are individually designed but the majority of people of retirement age live as couples. We estimate …'s unobserved heterogeneity. We conclude that the reform immediately reduced both spouses' retirement probability. The wife …'s retirement probability also drops by 1 to 4 percentage points if the husband is hit by the reform, and vice-versa. Instrumenting …
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