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This paper provides empirical evidence on the effect of changing the retirement age on employment. Base on individual …-7.4 percentage point increase in the 45 per cent employment rate at the retirement age for women. Changes in the normal retirement … age do not seem to have such employment effect because increases in disability pension claims have counteracted them. …
Persistent link: https://www.econbiz.de/10010348302
The labor market in Denmark seems to follow the trend in a number of other countries of increasing labor force …
Persistent link: https://www.econbiz.de/10010282243
We estimate the effect of additional pension income on mortality outcomes by exploring the eli- gibility criteria of a German program subsidizing the pensions of low-wage workers. Using novel administrative data, we find that eligibility leads to a 2-month delay in age at death (censored at 75)....
Persistent link: https://www.econbiz.de/10014535353
Persistent link: https://www.econbiz.de/10008772907
We employ German Sample Survey Income data to examine income inequality and the financial situation of elderly citizens for the period from 1978 to 2003, focussing on differences between retired and non-retired elderly and between elderly with residence in the Old and the New German Laender....
Persistent link: https://www.econbiz.de/10003655021
Israel is a young country with still dynamic population growth, but it is already beginning to face the consequences of population ageing. The pension system relies largely on mandatory private retirement saving, which will moderate the long-term fiscal impact. Yet, there are questions about the...
Persistent link: https://www.econbiz.de/10011577708
We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is strongly correlated with U.S. occupational retirement...
Persistent link: https://www.econbiz.de/10014358043
The aging of the American population will be a critical public policy issue in the years ahead. This paper surveys the recent literature on the economics of aging, with a special emphasis on government spending on the aged. The U.S. Census Bureau projects that the proportion of the elderly in...
Persistent link: https://www.econbiz.de/10003727006
Population aging is typically associated with economic challenges for productivity and financial threats for the old-age financial protection system of a country. This paper takes an optimistic position and outlines key ingredients to make it a successful experience. Yet to turn this challenge...
Persistent link: https://www.econbiz.de/10009793073
Although elderly men and women share many of the same problems as they age, their lives are likely to follow different courses. Women are more likely than men to live into old old-age and are more likely to spend part of their young old-age caring for husbands or parents. By providing this...
Persistent link: https://www.econbiz.de/10003720540