About: How Sensitive Are Retirement Decisions to Financial Incentives? A Stated Preference Analysis

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An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
rdfs:seeAlso	http://onlinelibrary.wiley.com/doi/10.1002/jae.2313/abstract
Description	We study the effects of financial incentives on retirement decisions using stated preference data. Dutch survey respondents were given hypothetical retirement scenarios describing age(s) of (partial and full) retirement and replacement rate(s). A stylized model is estimated in which utility is the discounted sum of within-period utilities that depend on employment status and income. Parameters of the utility function vary with observed and unobserved characteristics. Simulations show that the income and substitution effects of pensions as a function of the retirement age are substantial and larger than according to studies using data on actual retirement decisions in the Netherlands. We study the effects of financial incentives on retirement decisions using stated preference data. Dutch survey respondents were given hypothetical retirement scenarios describing age(s) of (partial and full) retirement and replacement rate(s). A stylized model is estimated in which utility is the discounted sum of within-period utilities that depend on employment status and income. Parameters of the utility function vary with observed and unobserved characteristics. Simulations show that the income and substitution effects of pensions as a function of the retirement age are substantial and larger than according to studies using data on actual retirement decisions in the Netherlands. (en)
Title	How Sensitive Are Retirement Decisions to Financial Incentives? A Stated Preference Analysis How Sensitive Are Retirement Decisions to Financial Incentives? A Stated Preference Analysis (en)
skos:prefLabel	How Sensitive Are Retirement Decisions to Financial Incentives? A Stated Preference Analysis How Sensitive Are Retirement Decisions to Financial Incentives? A Stated Preference Analysis (en)
skos:notation	RIV/00216208:11410/14:10196604!RIV15-GA0-11410___
http://linked.open...avai/riv/aktivita	P
http://linked.open...avai/riv/aktivity	P(GBP402/12/G130)
http://linked.open...iv/cisloPeriodika	2
http://linked.open...vai/riv/dodaniDat	2015
http://linked.open...aciTvurceVysledku	Voňková, Hana
http://linked.open.../riv/druhVysledku	J - Článek v odborném periodiku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Univerzita Karlova v Praze / Pedagogická fakulta
http://linked.open...dnocenehoVysledku	19783
http://linked.open...ai/riv/idVysledku	RIV/00216208:11410/14:10196604
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	Stated choices; Gradual retirement; Flexible retirement; Pensions (en)
http://linked.open.../riv/klicoveSlovo	Pensions Flexible retirement Gradual retirement Stated choices
http://linked.open...odStatuVydavatele	GB - Spojené království Velké Británie a Severního Irska
http://linked.open...ontrolniKodProRIV	[623620269110]
http://linked.open...i/riv/nazevZdroje	Journal of Applied Econometrics
http://linked.open...in/vavai/riv/obor	BB
http://linked.open...ichTvurcuVysledku	1 (xsd:int)
http://linked.open...cetTvurcuVysledku	2 (xsd:int)
http://linked.open...vavai/riv/projekt	The relationships between skills, schooling and labor market outcomes: A longitudinal study
http://linked.open...UplatneniVysledku	2014
http://linked.open...v/svazekPeriodika	29
http://linked.open...iv/tvurceVysledku	Voňková, Hana van Soest, Arthur
issn	0883-7252
number of pages	19 (xsd:int)
http://bibframe.org/vocab/doi	10.1002/jae.2313
http://localhost/t...ganizacniJednotka	11410

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