Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/192680 
Year of Publication: 
2012
Series/Report no.: 
Discussion Papers No. 698
Publisher: 
Statistics Norway, Research Department, Oslo
Abstract: 
We study two recent changes in incentives to work facing 67-69 year old workers in Norway: an earnings test reform which increases current earnings from work, and a pension system maturation which removes pension accrual from work. Within a difference-in-differences framework, we exploit these changes to investigate the effects of economic incentives. We find the earnings test reform has large effects, while the pension system maturation has no significant effects. The findings confirm that 67-69 year olds can adjust their work efforts to economic incentives, but do so only to thoses related to current income and not to future pensions.
Subjects: 
labor supply
retirement earnings test
social security wealth
difference-indifferences
JEL: 
J14
H55
Document Type: 
Working Paper

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