Early retirement and company characteristics

Arbeitspapier

Early retirement decisions derived from a structural model with economic incentives and firm workforce changes, are estimated on Norwegian linked household and firm data. For households in which the wife is the first to become eligible for early retirement, the impact on early retirement of a reduction in the firm workforce is stronger relative to economic incentives than is the case for men, in particular in the private sector. Both for men and women, also an expansion of the firm workforce implies a higher retirement probability.The eligibility age in the early retirement programme has gradually been reduced from 66 in 1989 to 62 in 1998. We find that the economic incentives relative to the push factor have become more important, both for men and women, the lower the eligibility age is.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Memorandum ; No. 2006,16

Classification and Topics

• Classification: Wirtschaft ; Multiple or Simultaneous Equation Models: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions ; Retirement; Retirement Policies
• Subject: Early retirement ; demand side and supply side factors ; microeconometric models ; heterogeneity ; Flexible Altersgrenze ; Männer ; Frauen ; Arbeitsangebot ; Arbeitsnachfrage ; Norwegen ; Ökonometrisches Modell

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Hernæs, Erik ; Iskhakov, Fedor ; Strøm, Steinar
• Event: Veröffentlichung
• (who): University of Oslo, Department of Economics
• (where): Oslo
• (when): 2006

Further information

• Handle: http://hdl.handle.net/10419/63220
• Last update: 10.03.2025, 11:43 AM CET