全球智库信息集成服务系统(G2TT): Health, Financial Incentives, and Early Retirement: Micro-Simulation Evidence for Germany

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w19889
来源ID	Working Paper 19889
	Health, Financial Incentives, and Early Retirement: Micro-Simulation Evidence for Germany
	Hendrik Juerges; Lars Thiel; Tabea Bucher-Koenen; Johannes Rausch; Morten Schuth; Axel Boersch-Supan
发表日期	2014-02-06
出版年	2014
语种	英语
摘要	About 20% of German workers retire on disability pensions. Disability pensions provide fairly generous benefits for those who are not already age-eligible for an old-age pension and who are deemed unable to work for health reasons. In this paper, we use two sets of individual survey data to study the role of health and financial incentives in early retirement decisions in Germany, in particular disability benefit uptake. We show that financial incentives to retire do affect sick individuals at least as much as healthy individuals. Based on 25 years of individual survey data and empirical models of retirement behavior, we then simulate changes in the generosity of disability pensions to understand how these changes would affect retirement behavior. Our results show that making the disability benefit award process more stringent without closing other early retirement routes would not greatly increase labor force participation in old age.
主题	Public Economics ; National Fiscal Issues ; Labor Economics ; Demography and Aging ; Labor Supply and Demand
URL	https://www.nber.org/papers/w19889
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/577562
推荐引用方式 GB/T 7714	Hendrik Juerges,Lars Thiel,Tabea Bucher-Koenen,et al. Health, Financial Incentives, and Early Retirement: Micro-Simulation Evidence for Germany. 2014.