Arbeitspapier

Retirement patterns during the Swedish pension fund

The Swedish pension reform of 1999-2003 provides an opportunity to study whether and how important economic incentives are for the timing of retirement. The new pension system provides a much closer link between contributions and benefits than the former system. I study whether the reform has led to delayed retirement by examining the retirement patterns of elderly Swedish workers that were differentially affected by the reform. I use duration analysis with annual data from the LINDA database. Discrete time proportional hazard models are estimated. The results show a remarkable decline in the retirement hazard among latter born cohorts, who were more affected by the reform. This implies that retirement is delayed. Most of the decline occurs among public sector employees.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 2008:9

Klassifikation
Wirtschaft
Social Security and Public Pensions
Retirement; Retirement Policies
Thema
Retirement
Labour supply
Pension Reform
Gesetzliche Rentenversicherung
Rentenreform
Rentenpolitik
Flexible Altersgrenze
Wirkungsanalyse
Schweden

Ereignis
Geistige Schöpfung
(wer)
Glans, Erik
Ereignis
Veröffentlichung
(wer)
Uppsala University, Department of Economics
(wo)
Uppsala
(wann)
2008

Handle
URN
urn:nbn:se:uu:diva-86608
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Glans, Erik
  • Uppsala University, Department of Economics

Entstanden

  • 2008

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