Retirement Incentives in Belgium: Estimations and Simulations Using SHARE Data
The paper studies retirement behavior of wage-earners in Belgium - for the first time using rich survey data to explore retirement incentives as faced by individuals. Specifically, we use SHARE data to estimate a model à la Stock and Wise (1990). Exploring the longitudinal nature of SHARELIFE, we construct measures of financial and non-financial incentive. Our analysis explicitly takes into account the different take-up rates of the various early retirement exit paths across time and ages. The results show that financial incentives play a strong role. Health and education also matter, as does... Mehr ...
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Dokumenttyp: | doc-type:workingPaper |
Erscheinungsdatum: | 2013 |
Verlag/Hrsg.: |
Bonn: Institute for the Study of Labor (IZA)
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Schlagwörter: | ddc:330 / H55 / J21 / J26 / J14 / pensions / social security / disability / early retirement / unemployment / labor force participation |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-27384513 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | http://hdl.handle.net/10419/80680 |