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This paper presents estimates of the impact of Social Security's Delayed Retirement Credit on the employment rates of … recent increases in social security's Normal Retirement Age also appear to be pushing up labor supply …
Persistent link: https://www.econbiz.de/10012732472
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
that they will make a transition into volunteering after retirement. Following social production function theory, we assume … former occupational prestige value, the higher the perceived loss of prestige after retirement. Thus, doing a job with high … prestige value increases the incentive to volunteer in retirement. This assumption is tested, using data taken from the German …
Persistent link: https://www.econbiz.de/10013046725
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
We analyze the influence of health and financial incentives on the retirement behavior of older workers in France …, building upon Stock and Wise (1990) option value approach. The model accounts for three main retirement routes: the normal … retirement, disability insurance (DI) and unemployment/preretirement pathways, and is estimated with a combination of …
Persistent link: https://www.econbiz.de/10013050274