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Literature on early retirement has generally ignored firms' role in the labour market withdrawals. Yet, as it is shown in this paper, employee incentives alone cannot explain the increase in unemployment at the end of the career. Instead, we construct an implicit contracts model where we account...
Persistent link: https://www.econbiz.de/10005545861
It is a challenge for politics that an aging population leads to demands that the retirement age is increasing while not everyone is able to work to such a higher age. Sweden, like other countries, has several options for early exit from the labour market. However, the regulations have become...
Persistent link: https://www.econbiz.de/10013351866
It is a challenge for politics that an aging population leads to demands that the retirement age is increasing while not everyone is able to work to such a higher age. Sweden, like other countries, has several options for early exit from the labour market. However, the regulations have become...
Persistent link: https://www.econbiz.de/10013209886
The study analyses the effects of the pension system on the labour supply of the elderly in Finland. A significant change in the age structure of the population, combined with falling employment rates for the aged, can yield pressures on the financing of the mainly Pay-As-You-Go, Defined Benefit...
Persistent link: https://www.econbiz.de/10005731976
Social support is increasingly acknowledged as an important resource for promoting wellbeing. We test whether social support changes around retirement. We also examine whether social support moderates dynamics in mental wellbeing around retirement and consider both own and spouse's retirement....
Persistent link: https://www.econbiz.de/10012270081
Persistent link: https://www.econbiz.de/10008728887
Social support is increasingly acknowledged as an important resource for promoting wellbeing. We test whether social support changes around retirement. We also examine whether social support moderates dynamics in mental wellbeing around retirement and consider both own and spouse's retirement....
Persistent link: https://www.econbiz.de/10012829931
Social support is increasingly acknowledged as an important resource for promoting wellbeing. We test whether social support changes around retirement. We also examine whether social support moderates dynamics in mental wellbeing around retirement and consider both own and spouse's retirement....
Persistent link: https://www.econbiz.de/10012242334
We study a fundamental reform of the public Disability Insurance (DI) system in Germany. Effective 2001, cohorts born after 1960 are no longer eligible for "occupational DI." Occupational DI (ODI) implies benefit eligibility when health shocks prevent employees from working in their previous...
Persistent link: https://www.econbiz.de/10013477304
We analyze the causal effect of retirement on mental health, exploiting differences in retirement eligibility ages across countries and over time using data from the Survey of Health, Ageing and Retirement in Europe. We estimate not only average effects, but also use distributional regression to...
Persistent link: https://www.econbiz.de/10011587995