Perspectives on the Early Retirement Decisions of Farming Couples
نویسندگان
چکیده
Perspectives on the Early Retirement Decisions of Farming Couples In the past decade, the European agricultural sector has undergone rapid structural change. Part of that change is manifested in extended early retirement plans. As pensions play a crucial role in determining the characteristics the change, it is important to establish the factors determining the exit from farming among elderly farmers. This study analyses the choice of pension scheme of farmers. The focus is on the effects of farm and off-farm incomes and various offered economic incentives on farmers’ retirement decisions. The results provide valuable information concerning evaluation of existing programmes and the design of future retirement systems and policies. JEL Classification: J26, Q12, C25
منابع مشابه
Spousal Effect and Timing of Farmers’ Early Retirement Decisions
The retirement decisions of individuals are strongly influenced by spousal retirement, financial incentives and institutional constraints such as access to early retirement benefits. In the European Union (EU), farm retirement is encouraged by early retirement provisions for farmers. As exit from farming determines the characteristics of structural change in agriculture, it is important to find...
متن کاملPublic pension programmes and the retirement of married couples in Denmark
In this paper we study the economic determinants of the joint retirement process of married couples. We propose a tractable dynamic discrete choice model for retirement decisions which allows for non-trivial saving behaviour. We estimate the model on a 1% sample of Danish couples of potential retirement age drawn from a population-based administrative register. The introduction and subsequent r...
متن کاملRetirement Incentives and Couples ’ Labour Supply Decisions
The Brazilian population has been showing signs of major changes in the past few decades. According to the United Nations, the average age of the population in Brazil is projected to be 47.5 years by 2050, compared to 19.2 years in 1950. The length of working life has fallen over time, due to both increases in educational attainment (thus fewer younger workers) and changes in retirement behavio...
متن کاملCouple’s Behaviour in the Brazilian Labour Market: the Influence of Social Security and Individual Characteristics on Married Individuals’ Labour Supply Decisions
In recent years, a large number of studies have investigated the relationship between social security benefits and male retirement decisions in developed countries. However, women’s and couples’ labour supply decisions and the patterns of withdrawal from the labour force in emerging economies are much less studied. This paper uses Brazilian data from 1998 to 2008 to examine how social security ...
متن کاملA three-phase model of retirement decision making.
The present article organizes prominent theories about retirement decision making around three different types of thinking about retirement: imagining the possibility of retirement, assessing when it is time to let go of long-held jobs, and putting concrete plans for retirement into action at present. It also highlights important directions for future research on retirement decision making, inc...
متن کامل