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is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … substitution effect of earned income is negative, thus decreasing the retirement probability. The retirement decision is strongly … state persistent for up to three years after the initial retirement decision and the state persistence of retirement is …
Persistent link: https://www.econbiz.de/10010239270
is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … substitution effect of earned income is negative, thus decreasing the retirement probability. The retirement decision is strongly … state persistent for up to three years after the initial retirement decision and the state persistence of retirement is …
Persistent link: https://www.econbiz.de/10013058740
This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort … conclusions. We provide evidence that the increase in the retirement age negatively affects health outcomes as the prevalence of …
Persistent link: https://www.econbiz.de/10012671875
We estimate the effect of additional pension income on mortality outcomes by exploring the eli- gibility criteria of a German program subsidizing the pensions of low-wage workers. Using novel administrative data, we find that eligibility leads to a 2-month delay in age at death (censored at 75)....
Persistent link: https://www.econbiz.de/10014535353
data points to a reduction in residential crowding and retirement, especially from occupations associated with high …
Persistent link: https://www.econbiz.de/10014235352
The few studies that have attempted to identify the causal effects of retirement on mental health and well-being have … provided conflicting evidence. Hence, whether retirement affects mental health positively or negatively is still unclear. Our … primary objective is to investigate the impact of retirement on mental health as measured by the 20-item Center for …
Persistent link: https://www.econbiz.de/10010458484
, the probability of working after normal retirement age is positively related to living with a spouse only, being healthy … elderly people. We also show that working beyond the normal retirement age has a much stronger negative association with … earnings in urban China than in urban Russia. This is consistent with the facts that the normal retirement age is strictly …
Persistent link: https://www.econbiz.de/10012517145
countries, the probability of working after normal retirement age is positively related to living with a spouse only, being … status and the age distribution among elderly people. We also demonstrate that working beyond the normal retirement age has a … that the normal retirement age is strictly enforced in urban China and seniors attempting to work face intensive …
Persistent link: https://www.econbiz.de/10012591794
retirement decisions. We examine the effect of a reform extending long-term care (LTC) benefits (in the form of subsidies and … supports) in Spain after 2007 on caregiving spouse's early retirement intention. We subsequently examine the effect of … retirement reform among private sector workers in 2013. We document evidence of a 10pp reduction in the early retirement …
Persistent link: https://www.econbiz.de/10013260028
We investigate the short- and long-term effects of retirement on loneliness using panel data from the Survey of Health …, Aging, and Retirement in Europe. To estimate causal effects, we exploit differences in retirement eligibility rules across … and within countries and use retirement thresholds in an instrumental variable setting. On average, we find that entering …
Persistent link: https://www.econbiz.de/10014466575