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We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in … individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is … strongly correlated with U.S. occupational retirement ages, indicating an inherent association between occupations and …
Persistent link: https://www.econbiz.de/10014251290
We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in … individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is … strongly correlated with U.S. occupational retirement ages, indicating an inherent association between occupations and …
Persistent link: https://www.econbiz.de/10014358043
Cross-country variation in average retirement age is usually attributed to institutional differences that affect … different ages, the composition of occupations within an economy matters for its average retirement age. Using U.S. data we … infer the average retirement age by occupation, which we then use to predict the retirement age of 38 countries according to …
Persistent link: https://www.econbiz.de/10010895110
Cross-country variation in effective retirement age is usually attributed to institutional differences that affect … its average effective retirement age. Using U.S. Census data we infer the average retirement age by occupation, which we … then use to predict the retirement age of 38 countries, using the occupational distribution of these countries. Our …
Persistent link: https://www.econbiz.de/10014176819
The debate about mandatory retirement is fundamentally a moral issue, about human rights, but one strongly related to … several major economic issues. Mandatory retirement is a form of age discrimination that seems to be strictly prohibited by … impose mandatory retirement at 65, if not otherwise constrained by provincial legislation. The reasons that the majority …
Persistent link: https://www.econbiz.de/10005827221
Persistent link: https://www.econbiz.de/10014322238
This paper analyses the effects of retirement on cognitive abilities for the elderly poor on the basis of the “mental … retirement” effect that accompanies retirement. Given the recent emergence and expansion of non-contributory pension programs to … baseline for a non-contributory pension program. We find a significant negative effect of retirement on cognitive ability after …
Persistent link: https://www.econbiz.de/10013058590
This paper analyses the effects of retirement on cognitive abilities for the elderly poor on the basis of the “mental … retirement” effect that accompanies retirement. Given the recent emergence and expansion of non-contributory pension programs to … baseline for a non-contributory pension program. We find a significant negative effect of retirement on cognitive ability after …
Persistent link: https://www.econbiz.de/10010900649
In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send … expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement …
Persistent link: https://www.econbiz.de/10011341771
In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send … expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement …
Persistent link: https://www.econbiz.de/10011296070