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We elicit preferences for retirement timing under two schemes of financial incentives and across information treatments. Individuals are repeatedly asked to decide whether to retire immediately or to continue working in the setting of a laboratory experiment. We alternate two treatment...
Persistent link: https://www.econbiz.de/10011527675
This paper studies the effects of a series of reforms of the public pension system in Austria in 2000 and 2004. An important element of the reforms was the increase in the early retirement age (ERA), which was phased in linearly over several cohorts. The empirical analysis, based on detailed...
Persistent link: https://www.econbiz.de/10011527676
access to a full retirement pension by two years, from 62 to 64 years, by reducing early pensions by 3.4 % initially, then by …
Persistent link: https://www.econbiz.de/10011527677