Retirement incentives in Belgium. Estimations and simulations using SHARE data.

Autor/inn/en	Jousten, Alain; Lefebvre, Mathieu
Institution	Forschungsinstitut zur Zukunft der Arbeit
Titel	Retirement incentives in Belgium. Estimations and simulations using SHARE data.
Quelle	Bonn (2013), 24 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	IZA discussion paper. 7387
Sprache	englisch
Dokumenttyp	online; Monographie
Schlagwörter	Bildungsniveau; Gesundheitszustand; Altersversorgung; Sozioökonomischer Faktor; Anreizsystem; Vorruhestand; Ökonomische Determinanten; Berufsausstieg; Erwerbsunfähigkeitsrente; Erwerbsverhalten; Rentenpolitik; Behinderung; Regionaler Faktor; Institution; Älterer Arbeitnehmer; Belgien
Abstract	The paper studies retirement behavior of wage-earners in Belgium - for the first time using rich survey data to explore retirement incentives as faced by individuals. Specifically, we use SHARE data to estimate a model à la Stock and Wise (1990). Exploring the longitudinal nature of SHARELIFE, we construct measures of financial and non-financial incentive. Our analysis explicitly takes into account the different take-up rates of the various early retirement exit paths across time and ages. The results show that financial incentives play a strong role. Health and education also matter, as does regional variation - though the latter in an unexpected way. A set of policy simulations illustrate the scope and also the limits associated with selective parametric reforms. (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2013/4