Showing 1 - 10 of 70,236
We estimate the effect of additional pension income on mortality outcomes by exploring the eli- gibility criteria of a …
Persistent link: https://www.econbiz.de/10014535353
. Following the methodology proposed by Milligan and Wise (2012), which uses the cohort mortality rate as a proxy for overall … health status, we quantify the additional employment capacity of current older men in reference to the mortality …
Persistent link: https://www.econbiz.de/10012866183
In this paper, we consider how the hours of work and retirement age ought to respond to a change in the uncertainty of … individuals' labor supply and retirement-decisions, the results show that a decrease in the standard deviation of life …-length leads to an increase in the optimal retirement age and a decrease in the hours of work per period spent working. This result …
Persistent link: https://www.econbiz.de/10011809912
Increasing retirement ages in an automatic or scheduled way with increasing life expectancy at retirement is a popular … Bayesian Model Ensemble of heterogeneous stochastic mortality models comprised of parametric models, principal component … process, model, and parameter risks. The results show that: (i) retirement ages are forecasted to increase substantially in …
Persistent link: https://www.econbiz.de/10012597036
We study the labor supply implications of the Old-Age Pension Act (OPA) of 1908, which, for the first time, provided pensions to older people in the UK. Using recently released census data covering the entire population, we exploit variation at the newly created age-based eligibility threshold....
Persistent link: https://www.econbiz.de/10012550293
Jahren erreichen. Dieser plötzliche Rückgang tritt erst nach Erreichen der Altersgrenze und erst nach der Umsetzung des OPA …
Persistent link: https://www.econbiz.de/10012206620
. Therefore, a pension system with a unique retirement age is a priori problematic. The usual policy recommendation to address … this problem is to differentiate the retirement age by SES. This paper explores the relative merits of partial de …
Persistent link: https://www.econbiz.de/10013297349
I estimate the effect of retirement on mortality, exploiting two discontinuities at age-based eligibility thresholds …-based eligibility thresholds, I demonstrate that retirement can have both mortality-decreasing and mortality-increasing effects … mixed results from the literature I provide evidence that the retirement-mortality nexus is driven by the activity change at …
Persistent link: https://www.econbiz.de/10012041523
We estimate the labor force participation (LFP) response to the introduction of means-tested minimum pensions in the UK through the Old-Age Pension Act (OAP) of 1908. The OAP was a major social policy intervention and the first one to universally target older workers in a time of very limited...
Persistent link: https://www.econbiz.de/10012231954
The paper analyses the incentives that Estonian state pension scheme imposes on retirement incentives. The specific … focus is on actuarial neutrality and benefit equivalence of adjustments for early and late retirement.The benefit … adjustments for early and deferred retirement set in current legislation are established as not actuarially neutral and they do …
Persistent link: https://www.econbiz.de/10013111251