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industry employment increases (decreases) the probability of early retirement. This result is driven by the public sector; in … after early retirement are higher during declining as well as expanding industry employment. The results support an …This paper studies the way in which labor market fluctuations affect the transition to early retirement among older …
Persistent link: https://www.econbiz.de/10010317914
We model retirement behavior in Sweden during the 1990ies with focus on voluntary early retirement where there is an … retirement. Earlier studies have neglected such offers, but in doing so, estimates of the individuals' responses to financial … incentives in a retirement decision are likely to be biased upward. We propose an estimation strategy where the retirement …
Persistent link: https://www.econbiz.de/10010321591
The paper reviews large literature on retirement, keeping in mind the goal of finding a suitable model to the labour … defining retirement. The second section deals with a multitude of labour market exit channels. Specific features of modelling … old-age retirement, disability, sick leave, and unemployment of the aged are explained. The third section is concerned …
Persistent link: https://www.econbiz.de/10010321728
deepening, and indirect effects, working through changes of taxes, government spending components and the retirement age in …. The closed-form solutions of the model predict taxation and the retirement age in OECD economies to increase in response … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …
Persistent link: https://www.econbiz.de/10011430084
We study the relationship between job quality and retirement using panel data for European countries (SHARE). While … previous studies looked at the impact of bad working conditions on retirement intentions, we can use the panel dimension to … study actual retirement as well as other pathways out of a job. As indicators for job quality we use three different …
Persistent link: https://www.econbiz.de/10010294900
are for the timing of retirement. The new pension system provides a much closer link between contributions and benefits … than the former system. I study whether the reform has led to delayed retirement by examining the retirement patterns of … retirement hazard among latter born cohorts, who were more affected by the reform. This implies that retirement is delayed. Most …
Persistent link: https://www.econbiz.de/10010321383
-time retirement behaviour in Sweden. During the 1980s, older workers had the option of partial retirement with an income replacement … women chose part-time retirement after the reduction in benefit levels in 1981. There was an approximate 4 percentage point … drop in the partial retirement propensity among eligible 60-year old men, and a 5.7 percent drop among women. This …
Persistent link: https://www.econbiz.de/10010321446
In this paper, we examine whether adult education delays retirement and increases labour force participation among the … indicate no effects of adult education on the timing of retirement. …
Persistent link: https://www.econbiz.de/10010273961
retirement decisions in developed countries. However, women's and couples' labour supply decisions and the patterns of withdrawal … examine how social security financial incentives and personal characteristics affects one's own and spouses' retirement … decisions. Our results suggested that couples synchronize retirement and that they respond similarly to their own …
Persistent link: https://www.econbiz.de/10010293260
This paper analyzes the effect of two age-targeted policy initiatives to delay retirement that were simultaneously … year of birth while the social security system is governed by age at retirement, i.e., the day of birth, in analyzing the … effect of the new policies. The results suggest that the age-targeted tax credits increased employment in the year following …
Persistent link: https://www.econbiz.de/10010321154