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Retirement Around the World. The first phase described the retirement Incentives inherent in plan provisions and documented the …
Persistent link: https://www.econbiz.de/10014043291
The paper builds a life-cycle model of heterogeneous agents with search frictions, in which individuals choose a sequence of saving and labor supply faced with uncertainty in longevity, employment, health status and medical expenditures. Unemployed individuals decide search intensity and whether...
Persistent link: https://www.econbiz.de/10010660249
the mechanisms that drive positive retirement program results, we find evidence that changes in individual health … the potential benefits of retirement programs resulting from social spillover effects. In addition, these programs may …
Persistent link: https://www.econbiz.de/10012161478
We study how economic incentives affect labor force exit through different income security programs, old-age pensions as well as income taxes in Sweden. We use the option value for staying in the labor force as a measure of economic incentives and estimate an econometric model for the choice of...
Persistent link: https://www.econbiz.de/10010402578
the mechanisms that drive positive retirement program results, we find evidence that changes in individual health … the potential benefits of retirement programs resulting from social spillover effects. In addition, these programs may …
Persistent link: https://www.econbiz.de/10011984707
Old-age pension reform is on the agenda across the OECD, and a key target is to delay retirement. Most of these … quantitative life-cycle model with endogenous retirement to study how DI and old-age pension (OA-pension) systems interact with … health and wages to determine retirement age, with particular focus on the macroeconomic effects of OA-pension reforms …
Persistent link: https://www.econbiz.de/10012945044
While optimization frictions have been shown to attenuate earnings responses to financial incentives, less is understood about the individual factors shaping the response. The main contribution of this paper is to separately quantify the role of learning the tax and benefit schedule versus other...
Persistent link: https://www.econbiz.de/10012321979
; retirement ; disability insurance ; health …
Persistent link: https://www.econbiz.de/10009738279
Retirement Study (HRS) and the Current Population Survey (CPS), I estimate a dynamic model of occupational choice and retirement …
Persistent link: https://www.econbiz.de/10011500422
Retirement Study (HRS) and the Current Population Survey (CPS), I estimate a dynamic model of occupational choice and retirement …
Persistent link: https://www.econbiz.de/10013210416