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This paper examines the effect of the replacement rule of the Finnish sickness insurance system on the duration of sickness absence. A pre-determined, piecewise linear policy rule in which the replacement rate is determined by past earnings allows identification of the effect using a regression...
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An exemption in the Swedish Employment Security Act (LAS) in 2001 made it possible for employers with a maximum of ten employees to exempt two workers from the seniority rule at times of redundancies. Using this within-country enforcement variation, the relationship between employment protection...
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income effect that caused additional retirement of 30 to 47 percent. Additional evidence suggests that retirement incentives …
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We investigate the responsiveness of individual retirement decisions to changes in financial incentives. A reform … identify causal effects. We find strong and robust behavioral effects of changes in financial retirement incentives. A … low education respond most strongly to an increase in the price of leisure. -- retirement insurance ; incentives ; social …
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workers with erratic work histories. The design of many minimum pension programs tends to create strong incentives for low …
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