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phased retirement, in which older workers reduce their work hours with their current employer to transition into retirement …, has been cited by retirement experts as one way to mitigate this loss. While about a quarter of workers aged 61 to 66 had … planned to reduce hours as they transitioned to retirement, our analysis showed that fewer than 15 percent subsequently …
Persistent link: https://www.econbiz.de/10012944426
older men from the 1970s to the early 1990s, a trend that has only recently shown signs of being reversed. Retirement … different quot;retirementquot; experiences. At the top of the wealth distribution, early retirement has typically been …, disability benefits. Policy-makers keen to increase effective retirement ages will need to consider the very different …
Persistent link: https://www.econbiz.de/10012761417
The paper asks why retirement can be so abrupt in countries such as France (½% of the workforce over 65), yet staged in … little allowance for fair pension increases if retirement is deferred. While these laws have begun to change, we find another …
Persistent link: https://www.econbiz.de/10012764652
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of older people for a rich set of retirement trajectories charactersized by early or delayed full retirement as well as … partial retirement at various ages in the Netherlands and the United States. Two in five prefer partial retirement over early … or delayed abrupt full retirement. This suggests that partial retirement can substantially increase the utility derived …
Persistent link: https://www.econbiz.de/10012973856
-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … document that the pension reform leads to a postponement of retirement, an increase in employment and a shifting in …
Persistent link: https://www.econbiz.de/10012979334
The increase in life expectancy spells disaster at retirement. One can solve this problem by investing in the maximum …
Persistent link: https://www.econbiz.de/10013007111
supply and endogenous retirement. When the fixed cost of work is increasing in wage, the optimal retirement wedge provides … stronger incentives for delayed retirement with age. Retirement benefits that resemble the US Social Security system can … implement the optimum. Calibrated numerical simulations suggest that a mix of retirement benefits that increase with claiming …
Persistent link: https://www.econbiz.de/10012853571