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We use nationally representative panel data from Australia to consider the impact of retirement on individual locus of … causality via cohort-specific eligibility age for the Australian Age Pension. We show that retirement leads to increased … effects of retirement on health and subjective well-being, respectively. The impact of retirement on control beliefs varies …
Persistent link: https://www.econbiz.de/10014469447
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In this paper, we consider how the retirement age as well as a tax financed pension system ought to respond to a change … perfect control over the individuals' labor supply and retirement-decisions, the results show that a decrease in the standard … deviation of life-length leads to an increase in the optimal retirement age and vice versa, if the preferences for 'the number …
Persistent link: https://www.econbiz.de/10010274764
We provide an explanation for the common finding that the effect of retirement on life satisfaction is negligible. For …-Economic Panel (GSOEP) and show that the effect of voluntary retirement on satisfaction with current household income is negative … voluntary and involuntary retirement. The effect of involuntary retirement is negative because the adverse effect on …
Persistent link: https://www.econbiz.de/10010278699
Nachdem 96 Jahre lang die Regelaltersgrenze in der gesetzlichen Rentenversicherung unverändert bei 65 Jahren lag, wird diese in den kommenden Jahren schrittweise auf 67 Jahre angehoben. In der öffentlichen Diskussion wird der Rente mit 67 immer wieder eine rentensenkende Wirkung attestiert....
Persistent link: https://www.econbiz.de/10011733328
retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long …
Persistent link: https://www.econbiz.de/10010277371
retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long …
Persistent link: https://www.econbiz.de/10010306211
retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long …
Persistent link: https://www.econbiz.de/10011601041
individual retirement behavior, using data from the German Socio-economic Panel (GSOEP). We first estimate agegroup … predictions of the long-term impact of policies affecting the health gradient on workers' timing of retirement amid population …
Persistent link: https://www.econbiz.de/10010332959