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We present quasi-experimental evidence on the effects of increasing the Early Retirement Age (ERA) on older workers …' retirement decisions. The analysis is based on social security reforms in Austria in 2000 and 2004, and administrative data …
Persistent link: https://www.econbiz.de/10011526743
This paper analyzes private retirement savings, the amount for German individuals and how these savings are influenced … investigated how the Big-Five and the Locus of Control influence the decision to have private retirement savings, and the estimated … probability to have such savings. Extraversion also positively effects the size of retirement related savings as does having an …
Persistent link: https://www.econbiz.de/10011527294
that financial incentives for early retirement stem mainly from the Austrian tax system and not from the pension system …
Persistent link: https://www.econbiz.de/10011528214
This study explored the psychological mechanisms that underlie the retirement planning and saving tendencies of Dutch … analysis models to identify the mechanisms that underlie perceived financial preparedness for retirement. Findings revealed … psychological and retirement planning constructs, but also in the robustness of the path models. These findings suggest that policy …
Persistent link: https://www.econbiz.de/10011349213
Persistent link: https://www.econbiz.de/10011373304
This study exploits a new dataset in order to quantify the effect of financial incentives on retirement choices. This … Wise (2004), we find that financial incentives have an effect on retirement. The effect goes in the expected direction … their retirement probability increases in a sizable way. We also find that the procedure to impute seniority used in …
Persistent link: https://www.econbiz.de/10011376456
Persistent link: https://www.econbiz.de/10011409103
Transitioning into retirement is an under-researched phenomenon in developing countries. Largely, this is linked to a … conditions on retirement, it induces a pure income effect on employment. Using data from the China Health and Retirement … retirement among the rural elderly by around 15%. …
Persistent link: https://www.econbiz.de/10011346619
Persistent link: https://www.econbiz.de/10011452845
For the last two decades, the increase of employment among cohorts of individuals aged 50+ has been a policy objective on the European employment agenda. The present paper takes stock of the situation as observed in Belgium over the time period 1997-2011. First, we provide analysis on the...
Persistent link: https://www.econbiz.de/10011455515