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This paper estimates the propensity to retire and the persistence of remaining retired once the decision to retire has been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth is virtually zero and that of financial assets wealth...
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usefulness of policies such as gradual retirement and part-time work in increasing older workers’ employment. …
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This paper uses panel data from the Survey of Health, Aging and Retirement in Europe (SHARE) to study the effect of …
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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 … rates for old workers aged 55-59. Based on the French Labor Force Survey, we show that the likelihood of employment is …
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