Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/19011 
Full metadata record
Appears in Collections:
DC FieldValueLanguage
dc.contributor.authorFiler, Randallen
dc.contributor.authorHonig, Marjorieen
dc.date.accessioned2009-01-28T15:54:26Z-
dc.date.available2009-01-28T15:54:26Z-
dc.date.issued2005-
dc.identifier.urihttp://hdl.handle.net/10419/19011-
dc.description.abstractThis 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.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1547en
dc.subject.jelH55en
dc.subject.jelH31en
dc.subject.jelJ26en
dc.subject.ddc330en
dc.subject.keywordsocial securityen
dc.subject.keywordearly retirementen
dc.subject.keywordjob characteristicsen
dc.subject.keywordpension eligibilityen
dc.subject.stwAltersgrenzeen
dc.subject.stwArbeitsangeboten
dc.subject.stwArbeitsproduktivitäten
dc.subject.stwSchätzungen
dc.subject.stwTheorieen
dc.subject.stwUSAen
dc.titleEndogenous pensions and retirement behavior-
dc.typeWorking Paperen
dc.identifier.ppn50361923Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.