A structural dynamic analysis of retirement behaviour in the Netherlands

A structural dynamic analysis of retirement behaviour in the Netherlands
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DOI:
10.1002/jae.781
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发表时间:
2004-01-01
影响因子:
2.1
通讯作者:
Heyma, A
Heyma, A
中科院分区:
经济学3区
文献类型:
--
作者:
Heyma, A

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这项研究的重点是荷兰老年劳动力参与和退休决定的决定因素。这是通过一个动态规划模型进行分析,同时选择退休年龄和途径,其中包括社会保险和私人养老金,提前退休的资格条件,生命周期工资和健康状况,以及裁员。特别注意参与政策的机会和影响。结果表明,福利和养恤金方案的体制结构是退休的主要决定因素,特别是资格条件和退出途径之间的潜在替代,动态方面与理解退休行为有关。版权所有(C)2004约翰威利父子有限公司。
This study focuses on determinants of elderly labour force participation and retirement decisions in the Netherlands. This is analysed by a dynamic programming model for the simultaneous choice of retirement age and route, which includes social insurance and private pensions, eligibility conditions for early retirement, lifecycle wage and health profiles, and layoffs. Special attention is given to opportunities for and the effect of participation policies. Results show that institutional structures of benefit and pension programmes are prime determinants of retirement, particularly eligibility conditions and potential substitution between exit routes, and that dynamic aspects are relevant for understanding retirement behaviour. Copyright (C) 2004 John Wiley Sons, Ltd.