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.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 4619

Klassifikation
Wirtschaft
Fiscal Policies and Behavior of Economic Agents: Household
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Retirement; Retirement Policies

Ereignis
Geistige Schöpfung
(wer)
Manoli, Day
Weber, Andrea
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Manoli, Day
  • Weber, Andrea
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2014

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