The choice of Early Retirement Age and the Australian Superannuation System
AbstractThe purpose of the present paper is to extend the previous analysis to allow for the retirement age to vary between 55 and 65 years. The analysis focuses on two main questions. First, to what extent does the current system in Australia ( in its mature form) offer an incentive for individuals to retire early? Second to what extent is the decision at retirement, that is the optimal route through the 'maze', affected by the retirement age?
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Bibliographic InfoPaper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 503.
Length: 23 pages
Date of creation: 1996
Date of revision:
Contact details of provider:
Postal: Department of Economics, The University of Melbourne, 4th Floor, FBE Building, Level 4, 111 Barry Street. Victoria, 3010, Australia
Phone: +61 3 8344 5355
Fax: +61 3 8344 6899
Web page: http://www.economics.unimelb.edu.au
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RETIREMENT; LABOUR MARKET; ECONOMIC MODELS; POPULATION; DECISION MAKING;
Find related papers by JEL classification:
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
- J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
- J0 - Labor and Demographic Economics - - General
- J19 - Labor and Demographic Economics - - Demographic Economics - - - Other
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- Diana Warren & Umut Oguzoglu, 2010.
"Retirement in Australia: A Closer Look at the Financial Incentives,"
Australian Economic Review,
The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 43(4), pages 357-375, December.
- Diana Warren & Umut Oguzoglu, 2007. "Retirement in Australia: A Closer Look at the Financial Incentives," Melbourne Institute Working Paper Series wp2007n24, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
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