Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/51730 
Year of Publication: 
2011
Series/Report no.: 
IZA Discussion Papers No. 5865
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Retirement behaviours and elderly poverty issues have been the subject of much attention and discussion in recent years as most countries are facing a rapidly ageing society. Ireland enjoys a relatively young population compared with other European countries, but is also struggling with increasing fiscal pressures. This paper analyses the retirement pattern and the replacement rate observed in Ireland using the Living in Ireland panel dataset. Since traditional empirical estimations may have selection bias issues as people with low replacement rates may not choose to retire, the paper adopts a combined method with both synthetic household simulation and empirical estimates. The study reveals the social economic attributes patterns associated with the replacement rates and retirement behaviours, and explores the heterogeneities of replacement rates among retirees.
Subjects: 
retirement
replacement rates
microsimulation
JEL: 
J14
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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