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Persistent link: https://www.econbiz.de/10003274153
In several countries where pensions are reformed and the retirement age is increased, the issue came up to make an … retirement scheme for such occupations through higher taxes. A representative sample of Dutch adults answered several questions … the evaluations of the demanding nature of the jobs as well as their reasonable retirement age or willingness to …
Persistent link: https://www.econbiz.de/10011376308
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We study effects of financial incentives on the retirement age using stated preference data. Dutch survey respondents … were given hypothetical retirement scenarios describing age(s) of (partial and full) retirement and replacement rate(s). A … the income and substitution effects of pensions as a function of the retirement age are substantial and larger than …
Persistent link: https://www.econbiz.de/10013155156
We study the effects of the recent increase in the statutory retirement age (SRA) in the Netherlands, using RDD and … retirement reform. The employment effect of the SRA reform is much larger for cohorts receiving less generous early retirement … benefits. Indeed, the level of employment before the SRA, together with the retirement hazard at the SRA, is key to …
Persistent link: https://www.econbiz.de/10012440251
Typically economists arguing for flexible (or variable) retirement age, but they rely on steady state analysis. In this … paper we consider the replacement of a mandatory retirement system with a flexible one in real time. We show that even if … early retirement is duly punished, diminishing the effective retirement age by 1 year raises the first year's and the total …
Persistent link: https://www.econbiz.de/10012440370
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Persistent link: https://www.econbiz.de/10013169114
people longer at work. One crucial element of these reforms typically is an increase in the statutory retirement age at which … likely to retire before the new legal retirement age? In this paper, we focus on subjective retirement expectations … Germany in 2007, which gradually will increase the statutory retirement age (SRA) from 65 to 67 years. Using the SAVE survey …
Persistent link: https://www.econbiz.de/10014189545
We analyze stated preference data on retirement. Survey respondents of ages 25 and older in the Netherlands were given … hypothetical retirement scenarios describing the age(s) of (partial and full) retirement and corresponding replacement rates …. Several types of retirement trajectories were considered - with retirement before, at, or after the standard retirement age …
Persistent link: https://www.econbiz.de/10013146351