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a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 … responses to becoming eligible for the early retirement scheme. Our results indicate that the probability of retiring … retiring at the same age with deductions. Second, we employ a coarsened exact matching procedure to compare retirement entry …
Persistent link: https://www.econbiz.de/10012230971
a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 … responses to becoming eligible for the early retirement scheme. Our results indicate that the probability of retiring … retiring at the same age with deductions. Second, we employ a coarsened exact matching procedure to compare retirement entry …
Persistent link: https://www.econbiz.de/10011963038
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
that financial incentives for early retirement stem mainly from the Austrian tax system and not from the pension system … constitutes an incentive for people to retire. We show that there are almost no financial incentives within the Austrian pension …
Persistent link: https://www.econbiz.de/10011528214
Using Italian data, we estimate an option value model to quantify the effectof financial incentives on retirement …
Persistent link: https://www.econbiz.de/10011382043
responding to changes in their financial incentives to work. Taken together, our results suggest that the fiscal strengthening …
Persistent link: https://www.econbiz.de/10009713947
interaction of health, wealth and financial incentives in retirement decisions. The theory predicts (i) that wealthier individuals … problems make older workers more responsive to financial incentives encouraging retirement (reinforcement proposition). We test … health events, proxied by unanticipated hospitalizations, to information on retirement decisions and actual incentives from …
Persistent link: https://www.econbiz.de/10011648295
This paper shows that increasing the normal retirement age and introducing pension deductions for retirement before … normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that … employers encouraged their employees to use the bridge options unemployment or partial retirement instead of the early …
Persistent link: https://www.econbiz.de/10012167052
the financial incentives to retire. In particular, we analyze the effects of the introduction of cohort …-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … document that the pension reform leads to a postponement of retirement, an increase in employment and a shifting in …
Persistent link: https://www.econbiz.de/10012979334
during the last two decades, by discouraging early retirement and increasing incentives to work for older workers. Senior … reaction to retirement incentives set by governments. This paper highlights how disutility to work can merely influence the … reactions to retirement incentives depend on the distribution of labor relations at country level. They use panel data for …
Persistent link: https://www.econbiz.de/10013128687