Add to ORKGA structural model for retirement and employment based on a flexible, parametric utility function is developed. The model requires only cross section data and is estimated on survey data for Italy and register data for Norway. The estimates indicate that the preference structure among middle-aged Italian males and Norwegian males and females who are approaching retirement has strong similarities. The utility function estimates from a model with no consumption smoothing, seem more reasonable than estimates from a model with a perfect credit market. Policy simulations indicate a somewhat stronger response to cuts in pension benefits in Norway than in Italy.Retirement; inter-temporal interpretation; estimates and policy; simulations; Italy; No...
We develop a general equilibrium simulation model of a heterogeneous population in whcih both consum...
Over the last decades, the increase in the share of the elderly people who exit the labour market t...
This paper provides an empirical analysis of substitution between early retirement and disability as...
In order to estimate labour supply responses among older people we have employed a very simple model...
In this paper, we develop a retirement model featuring various endogenous exit routes: unemployment,...
This paper presents an empirical analysis of the retirement decisions of Italian workers. We emphasi...
Dissertation is devoted to establishing a structural dynamic model of retirement behaviour of older ...
Using Italian data, we estimate an option value model to quantify the effectof financial incentives ...
Retirement behaviour is the theme of increasing interest in the recent labour economic studies due t...
Using Italian data this study estimates the option value model in order to quantify the effect of fi...
Italy’s demographic structure has changed greatly over the last 50 years: a diminishing number of wo...
Using Italian data, we estimate an option value model to quantify the effect of financial incentives...
Governments of many Western countries are committed to render the pension system sustainable in the ...
Norway, like most developed countries, is facing an ageing population from the beginning of the 21st...
Abstract: This paper aims to provide an empirical analysis of the joint retirement behavior of work...
We develop a general equilibrium simulation model of a heterogeneous population in whcih both consum...
Over the last decades, the increase in the share of the elderly people who exit the labour market t...
This paper provides an empirical analysis of substitution between early retirement and disability as...
In order to estimate labour supply responses among older people we have employed a very simple model...
In this paper, we develop a retirement model featuring various endogenous exit routes: unemployment,...
This paper presents an empirical analysis of the retirement decisions of Italian workers. We emphasi...
Dissertation is devoted to establishing a structural dynamic model of retirement behaviour of older ...
Using Italian data, we estimate an option value model to quantify the effectof financial incentives ...
Retirement behaviour is the theme of increasing interest in the recent labour economic studies due t...
Using Italian data this study estimates the option value model in order to quantify the effect of fi...
Italy’s demographic structure has changed greatly over the last 50 years: a diminishing number of wo...
Using Italian data, we estimate an option value model to quantify the effect of financial incentives...
Governments of many Western countries are committed to render the pension system sustainable in the ...
Norway, like most developed countries, is facing an ageing population from the beginning of the 21st...
Abstract: This paper aims to provide an empirical analysis of the joint retirement behavior of work...
We develop a general equilibrium simulation model of a heterogeneous population in whcih both consum...
Over the last decades, the increase in the share of the elderly people who exit the labour market t...
This paper provides an empirical analysis of substitution between early retirement and disability as...