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Pensions, The Option Value Of Work, And Retirement

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Author Info
STOCK, J.H.
WISE, D.A.

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Abstract

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Publisher Info
Paper provided by Stanford - Hoover Institution in its series Papers with number e-88-28.

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Length: 37 pages
Date of creation: 1988
Date of revision:
Handle: RePEc:fth:stanho:e-88-28

Contact details of provider:
Postal: STANFORD UNIVERSITY, HOOVER INSTITUTION, DOMESTIC STUDIES PROGRAM,DEPARTMENT OF ECONOMICS, STANFORD CALIFORNIA 94305 U.S.A.
Phone: 650-723-1754
Fax: 650-723-1687
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Web page: http://www.hoover.org/
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Related research
Keywords: economic models ; retirement ; pension schemes;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. B. Douglas Bernheim, 1987. "Dissaving after Retirement: Testing the Pure Life Cycle Hypothesis," NBER Chapters, in: Issues in Pension Economics, pages 237-280 National Bureau of Economic Research, Inc. [Downloadable!]
    Other versions:
  2. Hausman, Jerry A & Wise, David A, 1980. "Discontinuous Budget Constraints and Estimation: The Demand for Housing," Review of Economic Studies, Blackwell Publishing, vol. 47(1), pages 75-96, January. [Downloadable!] (restricted)
  3. Burtless, Gary, 1986. "Social Security, Unanticipated Benefit Increases, and the Timing of Retirement," Review of Economic Studies, Blackwell Publishing, vol. 53(5), pages 781-805, October. [Downloadable!] (restricted)
  4. Olivia S. Mitchell & Gary S. Fields, 1981. "The Effects of Pensions and Earnings on Retirement: A Review Essay," NBER Working Papers 0772, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  5. Berkovec, James & Stern, Steven, 1991. "Job Exit Behavior of Older Men," Econometrica, Econometric Society, vol. 59(1), pages 189-210, January. [Downloadable!] (restricted)
  6. Jonathan Feinstein & Daniel McFadden, 1987. "The Dynamics of Housing Demand by the Elderly: Wealth, Cash Flow, and Demographic Effects," NBER Working Papers 2471, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  7. Alan L. Gustman & Thomas L. Steinmeier, 1986. "A Structural Retirement Model," NBER Working Papers 1237, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  8. Burtless, Gary & Hausman, Jerry A, 1978. "The Effect of Taxation on Labor Supply: Evaluating the Gary Negative Income Tax Experiments," Journal of Political Economy, University of Chicago Press, vol. 86(6), pages 1103-30, December. [Downloadable!] (restricted)
    Other versions:
  9. Gustman, Alan L & Steinmeier, Thomas L, 1986. "A Structural Retirement Model," Econometrica, Econometric Society, vol. 54(3), pages 555-84, May. [Downloadable!] (restricted)
  10. Steven F. Venti & David A. Wise, 1985. "Moving and Housing Expenditure: Transaction Costs and Disequilibrium," NBER Working Papers 1012, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  11. Douglas W. Phillips & David A. Wise, 1987. "Military versus Civilian Pay: A Descriptive Discussion," NBER Chapters, in: Public Sector Payrolls, pages 19-46 National Bureau of Economic Research, Inc. [Downloadable!]
  12. Jeremy I. Bulow, 1981. "Early Retirement Pension Benefits," NBER Working Papers 0654, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  13. Laurence J. Kotlikoff & David A. Wise, 1987. "Labor Compensation and the Structure of Private Pension Plans: Evidencefor Contractual Versus Spot Labor Markets," NBER Working Papers 1290, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  14. Michael D. Hurd & John B. Shoven, 1982. "The Economic Status of the Elderly," NBER Working Papers 0914, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  15. Steven F. Venti & David A. Wise, 1989. "Aging, Moving, and Housing Wealth," NBER Working Papers 2324, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  16. Howard L. Frant & Herman B. Leonard, 1987. "Promise Them Anything: The Incentive Structures of Local Public Pension Plans," NBER Chapters, in: Public Sector Payrolls, pages 215-242 National Bureau of Economic Research, Inc. [Downloadable!]
  17. John Rust, 1987. "A Dynamic Programming Model of Retirement Behavior," NBER Working Papers 2470, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  18. Jerry A. Hausman & David A. Wise, 1985. "Social Security, Health Status, and Retirement," NBER Chapters, in: Pensions, Labor, and Individual Choice, pages 159-192 National Bureau of Economic Research, Inc. [Downloadable!]
  19. Michael D. Hurd & Michael J. Boskin, 1985. "The Effect of Social Security on Retirement in the Early 1970s," NBER Working Papers 0659, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  20. Stock, J.H. & Wise, D.A., 1988. "The Pension Inducement To Retire: An Option Value Analysis," Papers e-88-29, Stanford - Hoover Institution.
    Other versions:
  21. Richard V. Burkhauser, 1980. "The early acceptance of social security: An asset maximization approach," Industrial and Labor Relations Review, ILR Review, ILR School, Cornell University, vol. 33(4), pages 484-492, July.
  22. Diamond, P. A. & Hausman, J. A., 1984. "Individual retirement and savings behavior," Journal of Public Economics, Elsevier, vol. 23(1-2), pages 81-114. [Downloadable!] (restricted)
  23. Edward P. Lazear, 1983. "Pensions as Severance Pay," NBER Chapters, in: Financial Aspects of the United States Pension System, pages 57-90 National Bureau of Economic Research, Inc. [Downloadable!]
  24. Alan S. Blinder & Roger H. Gordon & Donald E. Wise, 1981. "Reconsidering the Work Disincentive Effects of Social Security," NBER Working Papers 0562, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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