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This paper shows that labor income plays an important positive role for the decision to work after retirement … elasticity. Men are more attracted by earnings incentives than women. Also individuals who work until retirement can easier be … attracted by financial incentives to work after retirement than those with bridge options. Our analysis is based on a …
Persistent link: https://www.econbiz.de/10012299799
We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions …-cycle theory. For retirees we also find significant effects of the income reduction at retirement on housing. However, the effects … such as those around retirement should not affect consumption. However, we first recall that given higher leisure …
Persistent link: https://www.econbiz.de/10011455042
This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort … conclusions. We provide evidence that the increase in the retirement age negatively affects health outcomes as the prevalence of …-in-Differences approach. The analysis is based on official records covering all individuals insured by the public health system in Germany and …
Persistent link: https://www.econbiz.de/10013191363
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …
Persistent link: https://www.econbiz.de/10014476768
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …
Persistent link: https://www.econbiz.de/10014088379
Persistent link: https://www.econbiz.de/10009777668
We estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor … large extent and increase welfare for those providing care, especially for low-income individuals. …
Persistent link: https://www.econbiz.de/10014330997
effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …
Persistent link: https://www.econbiz.de/10011440834
We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 … implications using net household income. In this respect we extend the previous literature which mainly studied employment effects … larger employment effects for women who cannot rely on other income on the household level, e.g. women with a low income …
Persistent link: https://www.econbiz.de/10011902730
Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in … particularly negatively affected by the abolition of early retirement options. To measure differences in labor market reactions of … increased the early retirement age for women from 60 to 63 years. Based on a large administrative dataset, we use a regression …
Persistent link: https://www.econbiz.de/10012671878