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In this paper, we consider how the hours of work and retirement age ought to respond to a change in the uncertainty of … individuals' labor supply and retirement-decisions, the results show that a decrease in the standard deviation of life …-length leads to an increase in the optimal retirement age and a decrease in the hours of work per period spent working. This result …
Persistent link: https://www.econbiz.de/10011809912
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 …
Persistent link: https://www.econbiz.de/10012801885
Persistent link: https://www.econbiz.de/10013188430
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
There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why pension incomes ought to be taxed specifically. To do...
Persistent link: https://www.econbiz.de/10011482705
Recent reforms to social security in many countries have sought to delay retirement. Given the family context in which … retirement decisions are made, social security reforms have potentially important spill-over effects on the participation of … spouses. This paper analyses the impact of women's pension incentives on the retirement decision of their husband. The 1993 …
Persistent link: https://www.econbiz.de/10011496968
Persistent link: https://www.econbiz.de/10011498020
There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why pension incomes ought to be taxed specifically. To do...
Persistent link: https://www.econbiz.de/10011455532
We find that segments of society who have shorter life expectancy can expect a lower retirement income and lifetime … utility due to the longevity of other groups participating in the same pension scheme. Linking retirement age to average life …
Persistent link: https://www.econbiz.de/10012029124