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Using Italian data, we estimate an option value model to quantify the effectof financial incentives on retirement …
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This study exploits a new dataset in order to quantify the effect of financial incentives on retirement choices. This … Wise (2004), we find that financial incentives have an effect on retirement. The effect goes in the expected direction …; when employees become eligible for pension benefits the change in financial incentives they experience is so high that …
Persistent link: https://www.econbiz.de/10011376456
Persistent link: https://www.econbiz.de/10008670050
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