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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/10012757997
A critical question for Social Security policy is how program incentives affect retirement behavior. We use the wealth … of new data available through the Health and Retirement Survey (HRS) to examine the impact of Social Security incentives … on male retirement. We implement forward-looking models of retirement whereby individuals consider not just the …
Persistent link: https://www.econbiz.de/10013226551
programs often provide generous retirement benefits at young ages. Also, the provisions of these programs often imply large … financial penalties on earnings beyond the social security early retirement age.Furthermore, in many countries disability and … unemployment programs effectively provide early retirement benefits before the official social security early retirement age. We …
Persistent link: https://www.econbiz.de/10013234936
marginal returns to work near retirement, as measured by the increase in benefits associated with an additional year of … marginal returns on Social Security taxes paid near retirement are generally low. The paper also tests the effects on marginal …
Persistent link: https://www.econbiz.de/10013246873
Study of Income Dynamics, we follow a cohort of white married males through their sixties to estimate a model of retirement … behavior. Using several definitions of retirement suggested in the literature, the results suggest that the two key policy … influence on retirement decisions. For example, our results suggest that a decrease in the implicit tax rate on earnings from …
Persistent link: https://www.econbiz.de/10013324027
statistics analysis. Section 3 evaluates the effects on the equilibrium retirement age, section 4 modifies the benefits formula … to depend on retirement age and section 5 examines the wealth-income ratio effect. Section 6 introduces the …
Persistent link: https://www.econbiz.de/10012478944
Study of Income Dynamics, we follow a cohort of white married males through their sixties to estimate a model of retirement … behavior. Using several definitions of retirement suggested in the literature, the results suggest that the two key policy … influence on retirement decisions. For example, our results suggest that a decrease in the implicit tax rate on earnings from …
Persistent link: https://www.econbiz.de/10012479019
Retirement Around the World. This project, which compares the experiences of a dozen developed countries, was launched in the mid … project document that social security program provisions can create powerful incentives for retirement that are strongly … affect retirement, whether there is a link between older employment and youth unemployment, and whether older individuals are …
Persistent link: https://www.econbiz.de/10012480931
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …
Persistent link: https://www.econbiz.de/10012464002
between social security provisions and retirement. The project relies on the work of a large group of economists in 12 … countries who conduct the analysis for each of their countries. The first phase described the retirement incentives inherent in … eligibility ages by three years. Another illustrative reform reduces actuarially benefits received before the normal retirement …
Persistent link: https://www.econbiz.de/10012467394