Showing 1 - 10 of 53
We study the impact of grandparental retirement decisions on family members' labor supply and child outcomes by …
Persistent link: https://www.econbiz.de/10013353425
Recently, mandatory pension contributions in the private sector in Iceland were increased substantially while remaining unchanged in the public sector. This constituted a large natural experiment. We study the effects of this experiment on households' voluntary saving using administrative micro...
Persistent link: https://www.econbiz.de/10013470320
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/10014290275
Most industrialized countries today are facing historical demographic changes, paring increasing retirement with a … this effect by exploiting variation in the pre-determined component of retirement. We find that a 10-point increase in the …
Persistent link: https://www.econbiz.de/10014377568
1993 and 1994. The husband is eligible for early retirement while the wife is not. The models aim at explaining labor … supply behavior of married couples the first twelve months after the husband became eligible for early retirement. Estimates …
Persistent link: https://www.econbiz.de/10010315055
While the effect of social security systems on retirement decisions has received much attention, the impact of these … investment and retirement decisions in a simple analytical life-cycle model with full certainty and investigate how different … contributions and benefits increase human capital investment and postpone retirement. …
Persistent link: https://www.econbiz.de/10010315113
choice to a work-retirement decision model and show that the optimal provision of choice is positively related to the degree …
Persistent link: https://www.econbiz.de/10010315734
We study the influence of family members, neighbors and coworkers on retirement behavior. To estimate causal retirement …' retirement ages, and we use administrative data on the full Dutch population. We find large spillovers in couples, primarily due … to women reacting to their husband's retirement choices. Consistent with homophily in social interactions, the influence …
Persistent link: https://www.econbiz.de/10014534436
We explore the various arguments for and against the recommendation that younger households should invest a larger share of their pension wealth in risky assets. The ability of young agents to compensate their financial losses by saving more during their career provides the strongest argument in...
Persistent link: https://www.econbiz.de/10010261134
The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime …
Persistent link: https://www.econbiz.de/10010264263