Latent Work Capacity and Retirement Expectations
نویسندگان
چکیده
منابع مشابه
Back to Work: Expectations and Realizations of Work after Retirement.
This paper analyzes a puzzling aspect of retirement behavior known as "unretirement." Nearly 50 percent of retirees follow a nontraditional retirement path that involves partial retirement or unretirement, and at least 26 percent of retirees later unretire. I explore two possible explanations: 1) unretirement transitions result from failures in planning or financial shocks; and 2) unretirement ...
متن کاملRetirement Expectations and Pension Reforms
We estimate the effect of pension reforms on households’ expectations of retirement outcomes and wealth accumulation decisions exploiting a decade of pension reforms as a source of exogenous variation in expected pension wealth. Two parameters are crucial to estimate pension wealth: the age at which workers expect to retire and the expected ratio of pension benefits to pre-retirement income. Th...
متن کاملRetirement Expectations Formation Using the Health and Retirement Study*
This paper examines how a wide array of factors (household and individual level financial, health and other taste shifter characteristics) influence retirement plans over time and how uncertainty affects the strategies that individuals use to plan their retirement years. Using panel data models we examine the role of health and economic factors on retirement planning using the Health and Retire...
متن کاملOn Expectations, Realizations and Partial Retirement
This study investigates whether many people fear an unexpected shock in their nancial situation around retirement and whether the related expectations and realizations match each other. We use the Dutch Social Economic Panel survey data, where expectations about the next years nancial situation are reported. We show that realized changes exceed expectations, and that this nding is more prom...
متن کاملWomen's retirement expectations: how stable are they?
OBJECTIVE Using the National Longitudinal Survey of Mature Women, we examine between- and within-person differences in expected retirement age as a key element of the retirement planning process. The expectation typologies of 1,626 women born between 1923 and 1937 were classified jointly on the basis of specificity and consistency. METHODS Latent class analysis was used to determine retiremen...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2019
ISSN: 1556-5068
DOI: 10.2139/ssrn.3489371