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Given human longevity, fertility, health and social developments, workers become inactive relatively early throughout Europe. This partially stems from older workers being pushed out of the labour market and from personal motivation to prefer benefits to wages. We focus on this latter effect and...
Persistent link: https://www.econbiz.de/10010513273
We examine whether easy and early access to old-age benefits induce older workers to become inactive. We use Polish LFS data. We find added worker effect prevailing over discouraged worker effect. The latter arises after a few quarters and is asymmetric. Females permanently leave the workforce....
Persistent link: https://www.econbiz.de/10011661405
Without broad-based public pension schemes, the majority of the elderly in developing countries are left to rely on their own current and accumulated earnings and support from children as means of old-age support. We develop a cooperative bargaining model that allows us to jointly estimate the...
Persistent link: https://www.econbiz.de/10001597509
In this paper we model an OLG-economy where labour supply is endogenously determined and where we assume that there are two pension systems, namely, a pay-as-you-go system and a funded system. The main question is whether there is an equilibrium involving an old-age pensions system, partly...
Persistent link: https://www.econbiz.de/10001740715
I examine the effects of the introduction of the Spouse's Allowance to the Canadian Income Security system on the retirement behaviour of couples. This policy intervention provides an excellent opportunity to investigate how income security programs affect the timing of retirement. The structure...
Persistent link: https://www.econbiz.de/10014195576
In Germany, informal home care is preferred to professional care services in the public discussion as well as in legal care regulations. However, they ascribe only minor importance to the opportunity costs care givers have to face. Therefore, this paper explores the influence home care has on...
Persistent link: https://www.econbiz.de/10014200361
In this paper the authors examine the scope of cross-country variation in institutions related to social insurance. Building on the variation they find they assess the value of new micro data that is comparable across countries to help identify key parameters of individual behavior. They present...
Persistent link: https://www.econbiz.de/10014212603
The recent housing market boom in the U.S. has caused sharp increases in residential property taxes. Anecdotal evidence suggests that rising property taxes have induced elderly homeowners to increase their labor supply. This paper uses 1992-2004 panel data from the Health and Retirement Study...
Persistent link: https://www.econbiz.de/10014213044
When private transfers respond endogenously to the retirement decision of the elderly, they directly lower the opportunity cost of not working and magnify the income effect of public transfers. In this paper we show that the interaction of private transfers with the labor market decision of the...
Persistent link: https://www.econbiz.de/10014217212
This paper examines the causal impact of labor force participation on informal caregiving. To address the endogeneity of labor force participation, we exploit local business cycles and instrument for individual labor force participation with state unemployment rates. Using data from the Survey...
Persistent link: https://www.econbiz.de/10014155760