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wealth. This pattern is consistent across multiple retirement age thresholds and cohorts, including both individuals who have …
Persistent link: https://www.econbiz.de/10014486681
reforms for a fixed retirement age distribution. The behavioral effect accounts for the endogenous change caused by changes in …
Persistent link: https://www.econbiz.de/10014462141
retirement incentives and work incentives of prime-age workers. We find that postponed retirement tends to harm incentives of …
Persistent link: https://www.econbiz.de/10010294044
The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime …
Persistent link: https://www.econbiz.de/10010264263
health and retirement estimated on the Norwegian labour market data. The paper focuses on the two main elements of the reform … drawing rules designed to eliminate the incentives distortions with respect to the time of retirement. The effects of these … the proposed pension reform succeeds in urging the older workers to postpone their retirement and induces an increase in …
Persistent link: https://www.econbiz.de/10010285595
Germany recent reforms that aim at raising retirement age and cutting benefit levels should be complemented by increases in … ; tax-benefit linkage ; endogenous retirement ; population ageing …
Persistent link: https://www.econbiz.de/10009375717
We investigate the responsiveness of individual retirement decisions to changes in financial incentives. A reform … increased women's normal retirement age (NRA) in two steps from age 62 to age 63 first and then to age 64. At the same time … retirement at the previous NRA became possible at a benefit discount. Since the reform affected specific birth cohorts we can …
Persistent link: https://www.econbiz.de/10009535096
steigern, schlagen die Autoren eine sanfte Rentenreform vor, die „Nudging“-Elemente nutzt. … will boost retirement savings without interfering with individuals’ freedom of choice. …
Persistent link: https://www.econbiz.de/10011347928
duration until retirement entry and (ii) on the duration until exit from gainful employment. I estimate discrete time duration … identified. The permanent reduction of retirement benefit amounts causes a postponement of retirement entry by about fifteen … months and a delay of employment exit by about nine months on average. -- retirement insurance ; labor force participation …
Persistent link: https://www.econbiz.de/10009746796
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