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such changes. Retirement has increasingly become a decision made jointly by a couple rather than individually by one … retirement decision despite age differences between partners. This joint determination of retirement has important implications …
Persistent link: https://www.econbiz.de/10011430745
In this paper we study the retirement patterns of couples in a multi-country setting using data from the Survey of … Health, Aging and Retirement in Europe. In particular we test whether women's (men's) transitions out of the labor force are …-specific early and full statutory retirement ages to instrument the latter. Exploiting the discontinuities in retirement behavior …
Persistent link: https://www.econbiz.de/10010533166
In this note, we address nonparametric identification of a collective model of household behavior in the presence of additive unobserved heterogeneity in the sharing rule. We show that the (nonstochastic part of the) sharing rule is nonparametrically identified. Moreover, under independence...
Persistent link: https://www.econbiz.de/10011801465
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/10011420305
countries, the probability of working after normal retirement age is positively related to living with a spouse only, being … status and the age distribution among elderly people. We also demonstrate that working beyond the normal retirement age has a … that the normal retirement age is strictly enforced in urban China and seniors attempting to work face intensive …
Persistent link: https://www.econbiz.de/10012591794
information on three major economic outcomes, namely, retirement planning, choices pertaining individuals' labor supply, and …
Persistent link: https://www.econbiz.de/10012296088
We study job retention rates - the shares of workers who continue to work in the same job over the next five years - in Czechia, Hungary, Poland and Slovakia. Job retention among older workers is key to prolonging careers and increasing employment of older people which in turn is a crucial...
Persistent link: https://www.econbiz.de/10012010263
their resources and their actual personal intentions towards retirement. Research objective is to analyse the relationship … among several factors that affect the behaviour towards retirement, the financial management practices and the financial … influence of financial literacy, financial retirement objectives, optimism on retirement, tolerance to financial risk, and the …
Persistent link: https://www.econbiz.de/10012506177
-aged Canadians regarding their retirement income system. We first document important financial literacy differences across gender …, age, education, and labor market status. Using detailed questions on the four main aspects of the retirement income system …, we then show a strong correlation between financial literacy and the knowledge of the retirement system in Canada …
Persistent link: https://www.econbiz.de/10014553069
Persistent link: https://www.econbiz.de/10003863217