Replication data for: Nonparametric Evidence on the Effects of Financial Incentives on Retirement Decisions
Principal Investigator(s): View help for Principal Investigator(s) Day Manoli; Andrea Weber
Version: View help for Version V1
Name | File Type | Size | Last Modified |
---|---|---|---|
AEJ-Program-Files | 12/07/2019 04:12:PM | ||
LICENSE.txt | text/plain | 14.6 KB | 12/07/2019 11:12:AM |
Project Citation:
Manoli, Day, and Weber, Andrea. Replication data for: Nonparametric Evidence on the Effects of Financial Incentives on Retirement Decisions. Nashville, TN: American Economic Association [publisher], 2016. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116505V1
Project Description
Summary:
View help for Summary
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. The paper presents graphical evidence on labor supply responses and develops a conceptual framework that accounts for the dynamic incentive structure and for adjustment frictions. Using bunching methods, a semi-elasticity of participation is estimated, which ranges from 0.1 to 0.3 and is highest for incentives targeted at a delay in retirement by 6 to 9 months.
Scope of Project
JEL Classification:
View help for JEL Classification
D14 Household Saving; Personal Finance
D15 Intertemporal Household Choice; Life Cycle Models and Saving
H55 Social Security and Public Pensions
J22 Time Allocation and Labor Supply
J26 Retirement; Retirement Policies
J65 Unemployment Insurance; Severance Pay; Plant Closings
D14 Household Saving; Personal Finance
D15 Intertemporal Household Choice; Life Cycle Models and Saving
H55 Social Security and Public Pensions
J22 Time Allocation and Labor Supply
J26 Retirement; Retirement Policies
J65 Unemployment Insurance; Severance Pay; Plant Closings
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.