Showing 1 - 10 of 45
In order to estimate labour supply responses among older people we have employed a very simple model of retirement decisions that can be estimated on a single cross-section sample, and still be given a structural interpretation in terms of inter-temporal decisions. The model is estimated on...
Persistent link: https://www.econbiz.de/10010275650
In Norway early retirement programs have gradually reduced the retirement age from 67 to 62 for a majority of the labor force. Based on micro data for 1990 and 1992, we estimate a competing risk models with three states: full retirement, partial retirement/part-time work, and full-time work, and...
Persistent link: https://www.econbiz.de/10010284389
A structural model for retirement and employment based on a flexible, parametric utility function is developed. The model requires only cross section data and is estimated on survey data for Italy and register data for Norway. The estimates indicate that the preference structure among...
Persistent link: https://www.econbiz.de/10010284414
Models for non-cooperative as well as cooperative behavior of families are estimated on data from Norway from 1994 to 1998. The models aim at explaining labor supply behavior of married couples the first five months after the husband becomes eligible for early retirement, while the wife is not...
Persistent link: https://www.econbiz.de/10010284437
Early retirement decisions derived from a structural model with economic incentives and firm workforce changes, are estimated on Norwegian linked household and firm data. For households in which the wife is the first to become eligible for early retirement, the impact on early retirement of a...
Persistent link: https://www.econbiz.de/10010284502
Norwegian administrative data are used to evaluate the impact of a doubling of the threshold in the retirement earnings test. We find almost no impact on the extensive margin, but a positive effect on the intensive margin. This positive effect is uneven over the earnings distribution, and...
Persistent link: https://www.econbiz.de/10010330240
We study the effect of salience in the social security benefit system on labor earnings by exploiting kinks and notches in budget lines introduced by earnings testing and social security accrual mechanisms for 67-69 year old workers in Norway. An earnings test had large effects on labor...
Persistent link: https://www.econbiz.de/10011557198
During the upswing in the Norwegian labour market after the peak of unemployment in the post-war period in the early 1990s, the inflow to unemployment fell by one fourth from October 1991 to October 1993. In contrast, the expected unemployment duration remained fairly constant, whether measured...
Persistent link: https://www.econbiz.de/10010284310
Variation in non-pension wealth accumulation with the level of expected pensions is investigated with a register based, linked employer-employee dataset. This includes wealth components, earnings history and demographic information, supplemented with detailed calculations of public and...
Persistent link: https://www.econbiz.de/10010284421
Norwegian administrative data are used to evaluate the impact of a doubling of the threshold in the earnings test on the labour force activity. We find no impact on labour market participation, but positive effects on earnings. The effect increases with exposure to the reform and is stronger for...
Persistent link: https://www.econbiz.de/10010285607