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for a reduction in both mortality and in inpatient care as a consequence of the early retirement offer. Increasing the …This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to … army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age …
Persistent link: https://www.econbiz.de/10010369753
We develop an OLG model with realistic assumptions about longevity to analyze the welfare effects of raising the … retirement age. We look at a scenario where an economy has a pay-as-you-go defined benefit scheme and compare it to a scenario …
Persistent link: https://www.econbiz.de/10011821425
Retirement policies are individually designed but the majority of people of retirement age live as couples. We estimate …'s unobserved heterogeneity. We conclude that the reform immediately reduced both spouses' retirement probability. The wife …'s retirement probability also drops by 1 to 4 percentage points if the husband is hit by the reform, and vice-versa. Instrumenting …
Persistent link: https://www.econbiz.de/10011580555
Aging populations in developing countries have spurred the introduction of public pension programs to preserve the standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these intended policy effects, as adult children who make...
Persistent link: https://www.econbiz.de/10012062263
Recent reforms to social security in many countries have sought to delay retirement. Given the family context in which … retirement decisions are made, social security reforms have potentially important spill-over effects on the participation of … spouses. This paper analyses the impact of women's pension incentives on the retirement decision of their husband. The 1993 …
Persistent link: https://www.econbiz.de/10011496968
There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why pension incomes ought to be taxed specifically. To do...
Persistent link: https://www.econbiz.de/10011455532
consequences for decision-making in old age. Using data from China, we examine how a new retirement program affects cognitive … that the program leads to larger negative impacts among women. We demonstrate that retirement and access to a retirement …
Persistent link: https://www.econbiz.de/10012372883
's retirement decision. Using administrative pension insurance records from Germany, I examine the impact of a pension subsidy …-of-the-envelope calculation suggests the ratio of behavioral cost to mechanical cost of this subsidy program is 0.3, which is smaller than other …
Persistent link: https://www.econbiz.de/10011913479
Retirement Age (FRA). Sharp discontinuities generated by the reform reveal that raising the FRA while imposing small early … claiming penalties significantly delays pension claiming and retirement, but imposing large penalties and holding the FRA fixed …
Persistent link: https://www.econbiz.de/10012256958
chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and … contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three …-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely …
Persistent link: https://www.econbiz.de/10011994093