Employer Pay Policies, Public Transfers and the Retirement Decisions of Men and Women in Denmark
2004 (English)In: European Economic Review, ISSN 0014-2921, E-ISSN 1873-572X, Vol. 48, no 1, 181-200 p.Article in journal (Refereed) Published
The empirical retirement literature measures individual responses to variations in income flows due to public transfers, private individual or employer-provided pensions. We estimate a model accounting for the incentive effects from these sources. A dynamic structural model is extended to allow both individual and employer heterogeneity. This is applied to a Danish matched panel of workers and establishments, spanning a period of reforms to a public early retirement programme. Employer-specific compensation is found to be an important determinant of work and retirement income flows. Employer effects on retirement age are only found among sub-samples where access to public transfers is limited.
Place, publisher, year, edition, pages
Elsevier, 2004. Vol. 48, no 1, 181-200 p.
Retirement, Pensions, Matched employer–employee panel data
IdentifiersURN: urn:nbn:se:umu:diva-80569DOI: 10.1111/j.1467-9957.2004.00408.xOAI: oai:DiVA.org:umu-80569DiVA: diva2:650416