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Early Retirement Behaviour in the Netherlands
Rob EuwalsDaniël van VuurenRonald Wolthoff
其他書名
Evidence from a Policy Reform
出版CPB Netherlands Bureau for Economic Policy Analysis, 2006
ISBN90583324629789058332462
URLhttp://books.google.com.hk/books?id=1_8lAQAAMAAJ&hl=&source=gbs_api
註釋In the early 1990s, the Dutch social partners agreed upon transforming the generous and actuarially unfair PAYG early retirement schemes into less generous and actuarially fair capital funded schemes. The starting dates of the transitional arrangements varied by industry sector. In this study, we exploit the variation in starting dates to estimate the causal impact of the policy reform on early retirement behaviour. We use a large administrative dataset, the Dutch Income Panel 1989-2000, to estimate hazard rate models for early retirement. We conclude that the policy reform induced workers to postpone early retirement. ...