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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/10011298740
the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male …. We show that retirement expectations are in line with realizations and that the reform increased the labor supply for the …
Persistent link: https://www.econbiz.de/10012427616
pension plan heterogeneity is estimated using data from the Health and Retirement Study. Model simulations indicate that …
Persistent link: https://www.econbiz.de/10012948549
women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons …-off between later retirement versus increased work intensity, produce relevant background facts, and provide estimates of the …
Persistent link: https://www.econbiz.de/10013148323
security systems on retirement behavior. In addition to measures of financial incentives induced by the social security systems … early retirement schemes. We find that financial incentives do not have a lot of explanatory power for the probability to … retire. In contrast, being eligible for early retirement substantially increases the chances for an individual to exit the …
Persistent link: https://www.econbiz.de/10013054782
The paper analyses the incentives that Estonian state pension scheme imposes on retirement incentives. The specific … focus is on actuarial neutrality and benefit equivalence of adjustments for early and late retirement.The benefit … adjustments for early and deferred retirement set in current legislation are established as not actuarially neutral and they do …
Persistent link: https://www.econbiz.de/10013111251
. Individuals who remain active until retirement age respond more to the reform than those who left labour force earlier. The …, labour market options or both. -- Retirement earnings test ; Benefit entitlement ; Labour supply behaviour ; Heterogeneity …
Persistent link: https://www.econbiz.de/10003895651
Norwegian administrative data are used to evaluate the impact of a doubling of the threshold in the retirement earnings … the reform and leading to a decrease in earnings inequality. Individuals who remain active until retirement age respond … working histories influence the responsiveness to the reform. -- retirement earnings test ; benefit entitlement ; labour …
Persistent link: https://www.econbiz.de/10009486653
This paper provides empirical evidence on the effect of changing the retirement age on employment. Base on individual … data from Hungary, a country where a number of hikes increased the retirement age between 1997 and 2009, this analysis … the effect. Results suggest that the effect of the changes in early retirement age is substantial, amounting to 5 …
Persistent link: https://www.econbiz.de/10010348302
This paper investigates the effects of increasing the eligibility age for public pension on workers' retirement …
Persistent link: https://www.econbiz.de/10012848177