Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/106591
Authors: 
Manoli, Dayanand
Mullen, Kathleen
Wagner, Mathis
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Papers 8659
Abstract: 
This paper exploits a combination of policy variation from multiple pension reforms in Austria and administrative data from the Austrian Social Security Database. Using the policy changes for identification, we estimate social security wealth and accrual elasticities in individuals' retirement decisions. Next, we use these elasticities to estimate a dynamic programming model of retirement decisions. Finally, we use the estimated model to examine the labor supply and welfare consequences of potential social security reforms.
Subjects: 
policy variation
retirement
labor supply elasticities
JEL: 
J26
H55
Document Type: 
Working Paper

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