Accepting an Early Retirement Bonus an Empirical Study
AbstractThe presence of special early retirement bonuses can change the work incentives of older workers. This study applies a pension acceptance model to acceptance of an early retirement pension bonus; probabilities of acceptance range from.18 to.33. It also simulates acceptance behavior without the bonus, with probabilities of acceptance ranging from.11 to.30.
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Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Journal of Human Resources.
Volume (Year): 23 (1988)
Issue (Month): 1 ()
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Web page: http://jhr.uwpress.org/
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- Stock, James H & Wise, David A, 1990.
"Pensions, the Option Value of Work, and Retirement,"
Econometric Society, vol. 58(5), pages 1151-80, September.
- Stock, J.H. & Wise, D.A., 1988. "Pensions, The Option Value Of Work, And Retirement," Working Papers e-88-28, Hoover Institution, Stanford University.
- James H. Stock & David A. Wise, 1988. "Pensions, The Option Value of Work, and Retirement," NBER Working Papers 2686, National Bureau of Economic Research, Inc.
- Robin L. Lumsdaine & David A. Wise, 1994.
"Aging and Labor Force Participation: A Review of Trends and Explanations,"
in: Aging in the United States and Japan: Economic Trends, pages 7-42
National Bureau of Economic Research, Inc.
- David A. Wise & Robin L. Lumsdaine, 1990. "Aging and Labor Force Participation: A Review of Trends and Explanations," NBER Working Papers 3420, National Bureau of Economic Research, Inc.
- Lumsdaine, Robin L. & Stock, James H. & Wise, David A., 1990.
"Efficient windows and labor force reduction,"
Journal of Public Economics,
Elsevier, vol. 43(2), pages 131-159, November.
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