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Microanalysis of retirement behavior in the Russian Federation

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  • Iuliia Sonina

    (UP1 UFR02 - Université Paris 1, Panthéon-Sorbonne - UFR d'Économie - Université Paris I - Panthéon-Sorbonne - PRES HESAM)

Abstract

This paper presents the results of econometric analysis of retirement behavior of Russian pensioners. The aim of the investigation is determination of those factors that affect the retirement decision of men and women in Russia. Their understanding can be helpful for pension reform realization. This analysis is performed on the basis of data from the Russian Longitudinal Monitoring Survey. The data are taken from the 15th to 19th waves of survey that correspond to 2005-2010 period of time. First of all this paper gives a survey of retirement literature, then describes the pension system in the Russian federation and particularities of retirement behaviour of Russian pensioners, after that it presents basic hypothesis of the analysis and, finally, concludes with econometric results and their interpretation.

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Bibliographic Info

Paper provided by HAL in its series Post-Print with number dumas-00817699.

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Date of creation: 2012
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Handle: RePEc:hal:journl:dumas-00817699

Note: View the original document on HAL open archive server: http://dumas.ccsd.cnrs.fr/dumas-00817699
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Keywords: retraite; Russie; comportements;

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  1. Gary S. Fields & Olivia S. Mitchell, 1984. "Economic Determinants of the Optimal Retirement Age: An Empirical Investigation," Journal of Human Resources, University of Wisconsin Press, vol. 19(2), pages 245-262.
  2. Kalwij, A.S. & Vermeulen, F.M.P., 2005. "Labour Force Participation of the Elderly in Europe: The Importance of Being Healthy," Discussion Paper 2005-130, Tilburg University, Center for Economic Research.
  3. Friedrich Schneider & Andreas Buehn & Claudio Montenegro, 2010. "New Estimates for the Shadow Economies all over the World," International Economic Journal, Taylor & Francis Journals, vol. 24(4), pages 443-461.
  4. Stock, James H & Wise, David A, 1990. "Pensions, the Option Value of Work, and Retirement," Econometrica, Econometric Society, vol. 58(5), pages 1151-80, September.
  5. Lazear, Edward P, 1979. "Why Is There Mandatory Retirement?," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1261-84, December.
  6. David N. Weil, 2006. "Population Aging," NBER Working Papers 12147, National Bureau of Economic Research, Inc.
  7. Montalto, Catherine Phillips & Yuh, Yoonkyung & Hanna, Sherman, 2000. "Determinants of planned retirement age," Financial Services Review, Elsevier, vol. 9(1), pages 1-15, 00.
  8. Feldstein, Martin S, 1974. "Social Security, Induced Retirement, and Aggregate Capital Accumulation," Journal of Political Economy, University of Chicago Press, vol. 82(5), pages 905-26, Sept./Oct.
  9. Alan L. Gustman & Thomas L. Steinmeier, 1983. "A Structural Retirement Model," NBER Working Papers 1237, National Bureau of Economic Research, Inc.
  10. David E. Bloom & David Canning & Gunther Fink, 2009. "The Graying of Global Population and Its Macroeconomic Consequences," PGDA Working Papers 4709, Program on the Global Demography of Aging.
  11. Ronald Lee & Andrew Mason, 2010. "Some macroeconomic aspects of global population aging," Demography, Springer, vol. 47(1), pages S151-S172, March.
  12. Richard V. Burkhauser, 1979. "The Pension Acceptance Decision of Older Workers," Journal of Human Resources, University of Wisconsin Press, vol. 14(1), pages 63-75.
  13. A. Kudrin & E. Gurvich., 2012. "Population Aging and Risks of Budget Crisis," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 3.
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