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in influencing the timing of retirement and benefit claims. Both the labor force participation rate among older Americans … and the age at which they claim Social Security retirement benefits have risen in recent years. For example, from 2000 … from 19 percent to 28 percent for women. Since 2000, the proportion of fully insured men and women who claim retirement …
Persistent link: https://www.econbiz.de/10012980087
This paper provides empirical evidence on the effect of changing the retirement age on employment. Base on individual … data from Hungary, a country where a number of hikes increased the retirement age between 1997 and 2009, this analysis … the effect. Results suggest that the effect of the changes in early retirement age is substantial, amounting to 5 …
Persistent link: https://www.econbiz.de/10010348302
contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three …-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and …
Persistent link: https://www.econbiz.de/10011994093
During the last few decades, the composition of the Thai population has changed dramatically due to reduced fertility and the aging of the population. Thailand's aging society faces many challenges. This is particularly so for older Thai people who still have to work for a living due to...
Persistent link: https://www.econbiz.de/10012490549
reduction. The elimination of other early retirement scheme in 2012 and slowly rising real wages made the program even more … popular: the lifetime benefit was maximized at the earliest retirement. Since 2016, real wages have been growing rather fast …; making delay attractive. Without being recognized, Female40 has become a boomerang: immediate retirement from 2014 causes …
Persistent link: https://www.econbiz.de/10012012511
advocated policy response is to increase retirement age. Ironically, however, the political support for this policy may actually …) from pension reforms referenda, we show in fact that individuals close to retirement tend to oppose policies that postpone … retirement, whereas young and elderly individuals are more favorable. The current process of population aging, and the associated …
Persistent link: https://www.econbiz.de/10011882293
Aging populations in developing countries have spurred the introduction of public pension programs to preserve the standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these intended policy effects, as adult children who make...
Persistent link: https://www.econbiz.de/10012062263
Aging populations in developing countries have spurred the introduction of public pension programs to preserve the standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these intended policy effects, as adult children who make...
Persistent link: https://www.econbiz.de/10012159232
workers who exogenously lose eligibility for their early retirement option. We use detailed Norwegian matched employer … in the loss of eligibility for early retirement benefits between ages 62-67 years in Norway. We find that re …-employment rates are indistinguishable between workers who just retain eligibility for early retirement benefits and those who just do …
Persistent link: https://www.econbiz.de/10013341538
We study the effects of public pension systems on the retirement timing of older workers and, in turn, the health … consequences of delaying retirement by those workers. Causal inference relies on a social security reform in Israel that shifted …
Persistent link: https://www.econbiz.de/10012222199