Arbeitspapier
Nonparametric Evidence on the Effects of Financial Incentives on Retirement Decisions
This paper presents new evidence on the effects of retirement benefits on labor force participation decisions. The analysis is based on a mandated rule for employer-provided retirement benefits in Austria that creates discontinuities in the incentives for workers to delay retirement. We present graphical evidence on labor supply responses and effective financial incentives and develop nonparametric methods to estimate extensive margin labor supply elasticities. Overall, multiple results highlight modest impacts of financial incentives on retirement decisions.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 4619
- Classification
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Wirtschaft
Fiscal Policies and Behavior of Economic Agents: Household
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Retirement; Retirement Policies
- Event
-
Geistige Schöpfung
- (who)
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Manoli, Day
Weber, Andrea
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2014
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Manoli, Day
- Weber, Andrea
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2014
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