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unemployment benefits for older workers helps explain the low rate of employment just before the early retirement age. Decreasing … activity not only decreases the participation rate by inducing early retirement, but also badly affects the employment rate of … older workers just before early retirement age. Countries with an early retirement age at 60 also have lower employment …
Persistent link: https://www.econbiz.de/10012780624
with schemes that offer gradual retirement opportunities induce workers to retire one year later on average. Total life …-time labour supply, however, decreases with 3.4 months because the positive effect of delayed retirement on labour supply is … cancelled out by the reduction in working hours before full retirement. The impact of gradual retirement schemes is, however …
Persistent link: https://www.econbiz.de/10013013569
-calculation window, combined with the discrete change in the probability of retirement at the minimum retirement age. We find that … retirement age, reaching a 3% increase on average. This is not the case for employees of large firms, where earnings …
Persistent link: https://www.econbiz.de/10012840954
This paper identifies and estimates the impact of early retirement on the probability to die within five years, using … civil servants became eligible for retirement earlier than expected during a short time window. This exogenous policy change … is used to instrument the retirement choice in a model that explains the probability to die within five years. Exploiting …
Persistent link: https://www.econbiz.de/10013076799
Do people form correct expectations about the impact of retirement on their health? This paper looks at unexpected … the problem of reverse causality (running from health condition to retirement). Our findings indicate that retirement … vary in the same way, i.e. improve unexpectedly after retirement for men. These findings suggest that, at least in the case …
Persistent link: https://www.econbiz.de/10012930961
's retirement decision. Using administrative pension insurance records from Germany, I examine the impact of a pension subsidy … anti-poverty programs such as extending unemployment benefits and progressive taxation. I find that the phasing out of this …
Persistent link: https://www.econbiz.de/10012910725
The retirement decision is under researched in developing and emerging countries, despite the topic's close relation to … threefold increase in the legal minimum pension on labor supply and retirement behaviour at older ages. Applying difference … income effect that caused additional retirement of 30 to 47 percent. Additional evidence suggests that retirement incentives …
Persistent link: https://www.econbiz.de/10013148081
pension rights. We find that this exogenous shock to pension rights postpones expected retirement and increases participation …
Persistent link: https://www.econbiz.de/10013155708
Health, Aging and Retirement in Europe. In particular we test whether women's (men's) transitions out of the labor force are …In this paper we study the retirement patterns of couples in a multi-country setting using data from the Survey of …-specific early and full statutory retirement ages to instrument the latter. Exploiting the discontinuities in retirement behavior …
Persistent link: https://www.econbiz.de/10013058688
future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement …
Persistent link: https://www.econbiz.de/10012859308