1 option
Pathways to Retirement and the Role of Financial Incentives in Sweden / Per Johansson, Lisa Laun, Mårten Palme.
- Format:
- Book
- Author/Creator:
- Johansson, Per.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w20123.
- NBER working paper series no. w20123
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2014.
- Summary:
- We study how economic incentives affect labor force exit through different income security programs, old-age pensions as well as income taxes in Sweden. We use the option value for staying in the labor force as a measure of economic incentives and estimate an econometric model for the choice of leaving the labor market. Besides old-age pension, we focus on the Disability Insurance (DI), which is the most important exit path before age 65. By simulating the effect of different probabilities to be admitted DI we show how changes in the stringency of DI admittance affects labor supply among older workers through economic incentives.
- Notes:
- Print version record
- May 2014.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.