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Externalities in leisure are considered an important reason for partners' joint retirement. This study quantifies the … extent to which partners actually spend more leisure time "together" at retirement. Exploiting legal retirement age in France …, we identify the effect of retirement on partners' hours of leisure, distinguishing leisure hours spent together or not …
Persistent link: https://www.econbiz.de/10011606594
retirement is an area that has barely been studied, this decision has crucial implications for health care and social protection … key decision for up to 15% of the world’s population, and this proportion is growing rapidly. Large waves of immigrants …
Persistent link: https://www.econbiz.de/10011573687
In 2007, Germany decided to progressively raise the retirement age from 65 to 67 in light of the increasing life … expectancy. As per the reform, the retirement age began increasing in 2012 and will reach 67 by 2031. The primary objective was …-year shift in the official retirement age leads to people working an average of one, 1.4, and 1.8 years longer, respectively …
Persistent link: https://www.econbiz.de/10011594762
This paper specifies a life cycle model of saving and employment and uses it to analyze crowd out of private household … benefit (DB) and defined contribution (DC) pensions on average crowd out household wealth by $0.09 and $0.37 per dollar of … specification, with more restrictive versions of the model (e.g., no employment decision, no bequest motive, no uncertainty …
Persistent link: https://www.econbiz.de/10011599698
Die mit dem demographischen Wandel verbundene Verschiebung des Verhältnisses zwischen Erwerbstätigen und Rentnern wird in der Öffentlichkeit häufi g mit einer zunehmenden "Alterslast" gleichgesetzt. Mit diesem Begriff werden jedoch die vielfältigen Leistungen, die ältere Menschen zur...
Persistent link: https://www.econbiz.de/10011601755
strong early retirement penalties imposed on "regular" retirees effectively create an alternative path to early retirement …. In this paper, we explore this alternative path quantitatively. We develop a model of job search and retirement behavior … link early retirement penalties to the age at which an individual stops paying contributions. This reform removes the …
Persistent link: https://www.econbiz.de/10011606579
In this paper we analyze the influence that incentives play in the timing of the transition to retirement in Spain. We … incentives and other socio-economic variables on the retirement hazard of men aged between 60 and 70, using a duration model to … significant role in retirement decisions, but that, after the reform, the latter effects become less important. …
Persistent link: https://www.econbiz.de/10011650271
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. …
Persistent link: https://www.econbiz.de/10011404906
force participation is related to both a decline in the take-up of early retirement among 60-64-year-olds, an increase in … the average age of entry to a retirement program, and an increase in the propensity of working after entering a retirement … unemployment before retirement, age and education. …
Persistent link: https://www.econbiz.de/10011409577
Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and … relationships between well-being and job satisfaction on the one hand and employment status and retirement, on the other, using …. There is no well-being premium for involuntary late-life work and self-employment compared to retirement, however. Our …
Persistent link: https://www.econbiz.de/10011409596