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This paper estimates the propensity to retire and the persistence of remaining retired once the decision to retire has been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth is virtually zero and that of financial assets wealth...
Persistent link: https://www.econbiz.de/10010333345
In this study, I investigate the effect of partial retirement at the firm level on older workers' labor participation. Thereby, I contribute to the controversial debate about the effects of partial retirement. Using detailed administrative employer-employee data from Germany, I exploit the...
Persistent link: https://www.econbiz.de/10014296310
This paper evaluates the impact caused by attaching a personalized pension projection (PPP), to the annually report of pension savings. This PPP shows the revenues obtained by the workers when postponing their retirement three years after the legal age for retirement in the Chilean pension...
Persistent link: https://www.econbiz.de/10011538749
Persistent link: https://www.econbiz.de/10011381470
This paper evaluates the impact caused by attaching a personalized pension projection (PPP), to the annually report of pension savings. This PPP shows the revenues obtained by the workers when postponing their retirement three years after the legal age for retirement in the Chilean pension...
Persistent link: https://www.econbiz.de/10010225420
This paper estimates the propensity to retire and the persistence of remaining retired once the decision to retire has been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth is virtually zero and that of financial assets wealth...
Persistent link: https://www.econbiz.de/10010239270
If individuals are unable or unwilling to borrow, a higher than desired second pillar pension capital may induce people to retire earlier than they would have in the absence of such a scheme. Individuals thus leave the workforce as soon as the retirement income is deemed sufficient and the...
Persistent link: https://www.econbiz.de/10010261184
In this study, I investigate the effect of partial retirement at the firm level on older workers' labor participation. Thereby, I contribute to the controversial debate about the effects of partial retirement. Using detailed administrative employer-employee data from Germany, I exploit the...
Persistent link: https://www.econbiz.de/10012802062
Persistent link: https://www.econbiz.de/10012240701
Since 2005, instructed by the Superintendence of Pensions, the Pension Funds Administrators (AFP) send, as part of the last four-monthly report of each year, the Personalized Pension Projection (PPP) to the members of the Chilean Pension System. This projection, which objective is to improve the...
Persistent link: https://www.econbiz.de/10010904634