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Micro-Modeling of Retirement Behavior in Spain

In: Social Security Programs and Retirement around the World: Micro-Estimation

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  • Michele Boldrin
  • Sergi Jiménez-Martín
  • Franco Peracchi

Abstract

. In this work we analyze the role of financial incentives to retire on the individual propensity to retire on a sample of Spanish Working histories from the Social Security administration. The results obtained are used to simulate the impact of various reform, including the 1997 Spanish reform on the average retirement age. Comparing the results of the reforms, only is partially effective that which suggest a delay of three years in the early and normal retirement ages. The results of the 1997 are negligible.

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This chapter was published in:

  • Jonathan Gruber & David A. Wise, 2004. "Social Security Programs and Retirement around the World: Micro-Estimation," NBER Books, National Bureau of Economic Research, Inc, number grub04-1, October.
    This item is provided by National Bureau of Economic Research, Inc in its series NBER Chapters with number 10707.

    Handle: RePEc:nbr:nberch:10707

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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. ¿Qué hacer con 6M de parados? La búsqueda de indicios sobre ajuste salarial en el mercado de trabajo
      by Sergi Jiménez in Nada Es Gratis on 2013-07-17 06:00:44
    2. Desigualdad salarial, crisis y reformas: bofetadas para todos, pero por turnos
      by Sergi Jiménez in Nada Es Gratis on 2013-11-04 07:00:54
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    Cited by:
    1. Roberto Leombruni & Matteo Richiardi, 2006. "LABORsim: an Agent-Based Microsimulation of Labour Supply. An Application to Italy," LABORatorio R. Revelli Working Papers Series 46, LABORatorio R. Revelli, Centre for Employment Studies.
    2. Andrés Erosa & Luisa Fuster & Gueorgui Kambourov, 2011. "Labor supply and government programs: A cross-country analysis," Working Papers 2011-08, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales, revised 19 Oct 2011.
    3. F. J. Fernández-Díaz & C. Patxot & G. Souto, 2013. "DYPES: A Microsimulation model for the Spanish retirement pension system," Working Papers 2013-06, FEDEA.
    4. Alfonso R Sánchez-Martín & Virginia Sánchez Marcos, 2008. "Demographic change, pension reform and redistribution in Spain," Working Papers 08.04, Universidad Pablo de Olavide, Department of Economics.
    5. Jaume Puig-Junoy & Pilar Garcia-Gomez & David Casado-Marin, 2011. "Free Medicines thanks to Retirement: Moral Hazard and Hospitalization Offsets in an NHS," Tinbergen Institute Discussion Papers 11-108/3, Tinbergen Institute.
    6. Sergi Jiménez-Martín & Alfonso R. Sánchez, 2001. "The Effect Of Pension Rules On Retirement Monetary Incentives With An Application To Pension Reforms In Spain," Economics Working Papers we013604, Universidad Carlos III, Departamento de Economía.
    7. Carlos Vidal-Meliá & Inmaculada Domínguez-Fabian, 2005. "The Spanish Pension System: Issues Of Introducing Notional Defined Contribution Accounts," Public Economics 0504006, EconWPA.
    8. Alexander Ueberfeldt, 2006. "Working Time over the 20th Century," Working Papers 06-18, Bank of Canada.
    9. Michele Boldrin & Pilar García Gómez & Sergi Jiménez Martín, 2008. "Social Security incentives, exit from the workforce and entry of the young," Working Papers 2008-42, FEDEA.
    10. Clara I. Gonzalez & José Ignacio Conde Ruiz & Michele Boldrin, 2009. "Immigration and Social Security in Spain," Working Papers 2009-26, FEDEA.
    11. Raquel Vegas Sánchez & Isabel Argimón & Marta Botella & Clara González, 2013. "Old age pensions and retirement in Spain," SERIEs, Spanish Economic Association, vol. 4(3), pages 273-307, August.

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