## Abstract This paper presents an empirical analysis of how Sweden's public old age pension system affects the retirement decision. We focus on male blueβcollar workers whose dominant income source as retired comes from the public old age pension system. We develop a dynamic programming model usin
A structural dynamic analysis of retirement behaviour in the Netherlands
β Scribed by Arjan Heyma
- Publisher
- John Wiley and Sons
- Year
- 2004
- Tongue
- English
- Weight
- 193 KB
- Volume
- 19
- Category
- Article
- ISSN
- 0883-7252
- DOI
- 10.1002/jae.781
No coin nor oath required. For personal study only.
β¦ Synopsis
Abstract
This study focuses on determinants of elderly labour force participation and retirement decisions in the Netherlands. This is analysed by a dynamic programming model for the simultaneous choice of retirement age and route, which includes social insurance and private pensions, eligibility conditions for early retirement, lifecycle wage and health profiles, and layoffs. Special attention is given to opportunities for and the effect of participation policies. Results show that institutional structures of benefit and pension programmes are prime determinants of retirement, particularly eligibility conditions and potential substitution between exit routes, and that dynamic aspects are relevant for understanding retirement behaviour. Copyright Β© 2004 John Wiley & Sons, Ltd.
π SIMILAR VOLUMES
## Abstract Using a survey among Dutch firms on price setting behaviour in the Netherlands the study identifies how sticky prices are, which prices are sticky and why they are sticky. The most distinctive feature of the Dutch survey is its broad coverage of the business community (seven sectors and
This paper describes the development, veri"cation and use of a mathematical model to describe the dynamic behaviour of typical forest trees in high winds. The model assumes (a) that the trunk can be represented by a vertical tapered cantilever with speci"ed sti!ness and mass distributions; (b) that