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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15120 |
DP15120 The Impact of Social Security on Pension Claiming and Retirement: Active vs. Passive Decisions | |
Rafael Lalive; Arvind Magesan; Stefan Staubli | |
发表日期 | 2020-08-01 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We exploit a unique Swiss reform to identify the importance of passivity, claiming social security benefits at the Full Retirement Age (FRA). Sharp discontinuities generated by the reform reveal that raising the FRA while imposing small early claiming penalties significantly delays pension claiming and retirement, but imposing large penalties and holding the FRA fixed does not. The nature of the reform allows us to identify that between 47 and 69% of individuals are passive, while imposing additional structure point identifies the fraction at 67%. An original survey of Swiss pensioners reveals that reference-dependent preferences is the main source of passivity. |
主题 | Labour Economics ; Public Economics |
关键词 | Full retirement age Social security Regression discontinuity design Reference dependence |
URL | https://cepr.org/publications/dp15120 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544078 |
推荐引用方式 GB/T 7714 | Rafael Lalive,Arvind Magesan,Stefan Staubli. DP15120 The Impact of Social Security on Pension Claiming and Retirement: Active vs. Passive Decisions. 2020. |
条目包含的文件 | 条目无相关文件。 |
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