Early retirement schemes and disability insurance in the Netherlands have both been reformed during the past decades. The reforms have increased incentives to continue working and have decreased the substitution between early retirement and disability. This study investigates the impact of the...

This paper investigates the impact of financial incentives on early retirement behaviour for high and low wage earners. Using a stylized life-cycle model, we derive hypotheses on the behaviour of the two types. We use administrative data and employ two identification strategies to test the...

In this study, we investigate the anatomy of older workers' wages. The central question is whether the wage cushion — i.e., the difference between actual wages and collectively agreed-upon (maximum) contractual wages — contributes to the fact that wages continue increasing at older ages. We...

We analyze whether uncertainty related to the outcome of future policy results in precautionary saving. We focus on an important cause of policy uncertainty for households in the Netherlands: the possible limitation of the mortgage interest deduction. To isolate the effect of policy uncertainty...

We construct a health measurement model which combines panel data on self-reported health with a rich set of health measures from administrative medical records. Our estimated health model allows us to predict health status for the population at large. We account both for unobserved...

Job satisfaction of shifters into self-employment informs us about their risk of social exclusion. Those who shift into self-employment are the more motivated wage-employed seeking higher job satisfaction. Social exclusion is not a likely outcome to those who shift into self-employment....

We study the displacement effect of mandatory occupational pension saving on private household wealth in the Netherlands, separately for wage-employed and self-employed. We use rich administrative data on (pension) wealth and income and apply a range of identification strategies, from IV...

This study examines the expected retirement replacement rates of several cohorts of Dutch employees at the time of their planned retirements. It also imputes the actual replacement rates based on available pension records. We find that using reasonable indexation rates, the expected replacement...

We use a confirmatory factor analysis to study the relation between the importance of a broad spectrum of saving motives, such as saving for retirement, and saving behavior. Survey data show that many respondents save for retirement in unconventional retirement accounts, such as investments in...

We examined the mortgage interest tax relief (MIR) system in the Netherlands and reforms to this system, based on answers to direct questions in survey data for the period 2010-2012. As well as tracking individuals over time and at strategic moments in the process of the policy reform, this...