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Financial Incentives and the Timing of Retirement: Evidence from Switzerland

Listed author(s):
  • Barbara Hanel
  • Regina Riphahn

We use reforms in the Swiss public retirement system to identify the responsiveness of retirement timing to financial incentives. A permanent reduction of retirement benefits by 3.4 percent induces more than 70 percent of females to postpone their retirement. The responsiveness of male workers, who undergo a different treatment, is lower.

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File URL: http://www.bgpe.de/texte/DP/009_hanel_riphahn.pdf
File Function: First version, 2006
Download Restriction: no

Paper provided by Bavarian Graduate Program in Economics (BGPE) in its series Working Papers with number 009.

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Length: 9 pages
Date of creation: Dec 2006
Handle: RePEc:bav:wpaper:009_hanel_riphahn
Contact details of provider: Web page: http://www.bgpe.de/

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  19. Bütler, Monika & Huguenin, Olivia & Teppa, Federica, 2004. "What Triggers Early Retirement? Results from Swiss Pension Funds," CEPR Discussion Papers 4394, C.E.P.R. Discussion Papers.
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  21. David Dorn & Alfonso Sousa-Poza, 2005. "The Determinants of Early Retirement in Switzerland," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 141(II), pages 247-283, June.
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