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Persistent link: https://www.econbiz.de/10011480248
This paper documents the patterns and correlates of retirement in China using a nationally representative survey, the … China Health and Retirement Longitudinal Study (CHARLS). After documenting stark differences in retirement ages between … and that rural residents continue to work until advanced ages. Differences in access to generous pensions and economic …
Persistent link: https://www.econbiz.de/10012621584
It is a challenge for politics that an aging population leads to demands that the retirement age is increasing while … the labour market. However, the regulations have become more restrictive in the last decade and early retirement usually … leads to a lower pension. In this article, we map options for early retirement in other countries. We have found five main …
Persistent link: https://www.econbiz.de/10013209886
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We present a theory of the relation between health and retirement that generates testable predictions regarding the … interaction of health, wealth and financial incentives in retirement decisions. The theory predicts (i) that wealthier individuals … problems make older workers more responsive to financial incentives encouraging retirement (reinforcement proposition). We test …
Persistent link: https://www.econbiz.de/10011648295
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Extending working lives is often proposed as one route through which the costs associated with population ageing can be managed. In that context, understanding who currently works for longer can help policymakers to design policies to facilitate longer working. In particular, it is important to...
Persistent link: https://www.econbiz.de/10011881446
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The size of the public sector in terms of employment and compensation has a strong life-cycle dimension. We establish a quantitative partial-equilibrium life-cycle model with incomplete markets, private and public sectors, and risk-averse workers, and use it to (i) calculate three dimensions of...
Persistent link: https://www.econbiz.de/10012184057