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The paper studies retirement behavior of wage‐earners in Belgium – for the first time using rich survey data to explore retirement incentives as faced by individuals. Specifically, we use SHARE data to estimate a model à la Stock and Wise (1990). Exploring the longitudinal nature of...
Persistent link: https://www.econbiz.de/10013081825
The paper studies retirement behavior of wage‐earners in Belgium – for the first time using rich survey data to explore retirement incentives as faced by individuals. Specifically, we use SHARE data to estimate a model à la Stock and Wise (1990). Exploring the longitudinal nature of...
Persistent link: https://www.econbiz.de/10013082462
overtaking that for traditional pensions, which both cover lower income workers and help expand pension coverage. Since tax … policy is designed to meet a public purpose, perhaps over $100 billion dollars per year spent indirectly on pensions could be … pensions. Such a sharp change in federal policy may stem the loss of pension security of middle class workers and expand it for …
Persistent link: https://www.econbiz.de/10012733487
Population ageing in Italy is more pronounced than in most of the other advanced countries. Given the very low employment rate for older workers, this is likely to have a negative effect on overall labour force participation in the near future. This paper describes the demographic and labour...
Persistent link: https://www.econbiz.de/10012774014
Despite substantial increases in longevity, the age of retirement in the industrialized countries has steadily fallen throughout most of the 20th century. In France, for instance, the employment-population ratio of 55-64 year-old males fell from 74% in 1970 to 38.5% in 2000. In most other OECD...
Persistent link: https://www.econbiz.de/10012785215
Pension reforms that raise minimum retirement age increase the pool of senior individuals aged 50+ who are not eligible to retire from the labour market. Using data from Italian provinces and regions and an instrumental variable strategy, we estimate the effects of local changes in the supply of...
Persistent link: https://www.econbiz.de/10012957476
While there is a vast literature considering the labour market effects of immigration, less has been done to investigate how immigration affects the educational choices of young natives. Using Italian provincial data and an instrumental variables strategy, we show that the recent increase in the...
Persistent link: https://www.econbiz.de/10012945248
Health capacity to work for the elderly is an essential piece of information for designing social policies in an aging society. Here, we assess the health capacity to work of older men in South Korea and provide a cross-country comparison. Following the methodology proposed by Milligan and Wise...
Persistent link: https://www.econbiz.de/10012866183
A worker's disposition of his or her defined contribution (DC) retirement account balances at the point of separation from a previous employer is one of the most important decisions a DC plan participant faces. Although this decision has important implications for the retirement security of...
Persistent link: https://www.econbiz.de/10013053283