Determinants for the transition from work into retirement in Europe

Monika Riedel, Helmut Hofer, Birgit Wögerbauer

We use the labor force ad hoc module "transition from work into retirement" to analyze the link between individual as well as pension system characteristics and planned retirement age within the European Union. We find that timing of retirement is correlated between partners who are, already at the stage of retirement planning. In richer countries of the EU15, standard retirement age seems to have a larger effect on planned retirement age than in poorer EU15 states or in new EU member states. The effect of pension wealth is largest in the new EU member states and smallest in rich EU15 countries. Furthermore, industry and occupation effects differ by country type.

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Year of publication:	2015
Authors:	Riedel, Monika ; Hofer, Helmut ; Wögerbauer, Birgit
Published in:	IZA journal of European Labor Studies. - Heidelberg : SpringerOpen, ISSN 2193-9012, ZDB-ID 2687591-3. - Vol. 4.2015, 4
Subject:	Planned retirement \| Joint retirement decision \| Pension system characteristics \| Country differences \| Europe \| Altersgrenze \| Retirement \| EU-Staaten \| EU countries \| Flexible Altersgrenze \| Flexible retirement \| Ältere Arbeitskräfte \| Older workers \| Deutschland \| Germany \| Europa \| Altersvorsorge \| Retirement provision \| Rentenreform \| Pension reform \| Gesetzliche Rentenversicherung \| Public pension system

Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Other identifiers:	10.1186/s40174-014-0027-5 [DOI] hdl:10419/125595 [Handle]
Classification:	C21 - Cross-Sectional Models; Spatial Models ; J22 - Time Allocation and Labor Supply ; J26 - Retirement; Retirement Policies
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10010533355