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https://hdl.handle.net/10419/19011
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Filer, Randall | en |
dc.contributor.author | Honig, Marjorie | en |
dc.date.accessioned | 2009-01-28T15:54:26Z | - |
dc.date.available | 2009-01-28T15:54:26Z | - |
dc.date.issued | 2005 | - |
dc.identifier.uri | http://hdl.handle.net/10419/19011 | - |
dc.description.abstract | This paper suggests that pension characteristics are simultaneously determined along withworkers? retirement ages. Both the age of pension eligibility and actual retirement age aredetermined by the productivity and marginal disutility of work, factors that are influenced byworker and job characteristics. This approach differs from previous studies of retirement thattreat pensions as exogenous, implying that prior empirical work may have overestimated theresponsiveness of retirement age to changes in pension structure, a possibility with obviouspolicy implications for efforts to raise the age of retirement. We find that, in the conventionalsingle-equation framework, delaying the age of pension eligibility would significantly delayretirement. When treated in a recursive simultaneous system, however, age of pensioneligibility retains no explanatory power. | en |
dc.language.iso | eng | en |
dc.publisher | |aCenter for Economic Studies and ifo Institute (CESifo) |cMunich | en |
dc.relation.ispartofseries | |aCESifo Working Paper |x1547 | en |
dc.subject.jel | H55 | en |
dc.subject.jel | H31 | en |
dc.subject.jel | J26 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | social security | en |
dc.subject.keyword | early retirement | en |
dc.subject.keyword | job characteristics | en |
dc.subject.keyword | pension eligibility | en |
dc.subject.stw | Altersgrenze | en |
dc.subject.stw | Arbeitsangebot | en |
dc.subject.stw | Arbeitsproduktivität | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Theorie | en |
dc.subject.stw | USA | en |
dc.title | Endogenous pensions and retirement behavior | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 50361923X | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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