Does the dismantlement of early retirement schemes increase unemployment in Belgium?
Early retirement is often explained as resulting from a voluntary labour supply choice of a utility maximizing individual. Nonetheless, a lot of individuals perceive retirement as a forced instead of a voluntary decision. This paper tries to accommodate voluntary and involuntary labour supply decisions within one model. On the basis of a large administrative dataset merged with Census data, we estimate a discrete-time competing risk model of transitions from Belgian private-sector employees into unemployment, early and old-age retirement while accounting for forward-looking retirement incentiv... Mehr ...
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Dokumenttyp: | workingPaper |
Erscheinungsdatum: | 2008 |
Schlagwörter: | Competing-risk model / Early retirement / Retirement pathways / Involuntary retirement |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-28548038 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | http://hdl.handle.net/2078.1/20728 |