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Persistent link: https://www.econbiz.de/10001700072
future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement …
Persistent link: https://www.econbiz.de/10012133536
Persistent link: https://www.econbiz.de/10012106014
retirement age (ERA). Raising the ERA has the potential to extend contribution periods and to reduce the number of pension … retirement program for women born after 1951, effectively raising the ERA for women by three years. We analyze the effects of …
Persistent link: https://www.econbiz.de/10011641381
a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 … responses to becoming eligible for the early retirement scheme. Our results indicate that the probability of retiring … retiring at the same age with deductions. Second, we employ a coarsened exact matching procedure to compare retirement entry …
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retirement age to 65 for both genders has a strong positive effect on sustainability of the pension system and keeps the deficit …
Persistent link: https://www.econbiz.de/10011890959
We propose a unified framework to measure the effects of different reforms of the pension system on retirement ages and … retirement decisions are explicitly modeled within a public pension system. Heterogeneity with respect to consumption preferences … behavior of households, we observe that feedback effects do occur. Results suggest that individual retirement decisions are …
Persistent link: https://www.econbiz.de/10011891939
a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 … responses to becoming eligible for the early retirement scheme. Our results indicate that the probability of retiring … retiring at the same age with deductions. Second, we employ a coarsened exact matching procedure to compare retirement entry …
Persistent link: https://www.econbiz.de/10011963038
Within a politico-economic model we first establish three hypotheses: (i) Retirees generally prefer a higher retirement … age than workers, whereby just retired individuals prefer the highest retirement age, (ii) in equilibrium the level of the … legal retirement age is increasing in longevity and (iii) decreasing in the public pension replacement rate. We then test …
Persistent link: https://www.econbiz.de/10011966874