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We adapt the design of five experimental studies on retirement decision-making and conduct reproductions with a larger … subjects collect retirement benefits as lump-sum instead of annuities, they choose to retire later. The duration of retirement …
Persistent link: https://www.econbiz.de/10013491806
of household decision making can thus be rejected with respect to retirement savings. …-mandatory retirement savings. To answer this question we analyze the intra-household allocation of retirement savings between partners in … Germany. First, the decision to save at all is analyzed using a seemingly unrelated bivariate probit model, showing that the …
Persistent link: https://www.econbiz.de/10011434405
effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …
Persistent link: https://www.econbiz.de/10011440834
different retirement incentives for men and women, with little flexibility in the retirement decision for men and substantially …We study retirement incentives with augmented option value model à la Stock and Wise (1990). We propose methodological … modelling of couples' incentives leads to very different patterns of retirement incentives - particularly for women. We apply …
Persistent link: https://www.econbiz.de/10011543602
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
spouses. This paper analyses the impact of women's pension incentives on the retirement decision of their husband. The 1993 …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 …
Persistent link: https://www.econbiz.de/10011496968
Persistent link: https://www.econbiz.de/10011498020
investigated how the Big-Five and the Locus of Control influence the decision to have private retirement savings, and the estimated …This paper analyzes private retirement savings, the amount for German individuals and how these savings are influenced … probability to have such savings. Extraversion also positively effects the size of retirement related savings as does having an …
Persistent link: https://www.econbiz.de/10011527294