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Economic Incentives and Labour Market Transitions of the Aged Finnish Workforce

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  • Hakola, Tuulia

Abstract

This PhD thesis is a collection of studies on retirement in Finland. The main purpose is to assess labour market transitions of the aged and focus on the e.ect of the economic incentives. All of the studies are empirical and use large micro panels. The first study describes the main features of the pension system, and tests whether economic incentives have an e.ect on how long individuals stay at work. The second study takes a deeper focus on disability and unemployment, and analyses the e.ect of the disability application rejections. The third study assesses part-time retirements. Financial incentives for full-time work, part-time pension and full-time pension are compared, and estimates are provided for the most likely labour market choice in case the part-time pension is not available. The fourth study considers the e.ect of the incentives to the firm to displace their elderly workers.

Suggested Citation

  • Hakola, Tuulia, 2002. "Economic Incentives and Labour Market Transitions of the Aged Finnish Workforce," Research Reports 89, VATT Institute for Economic Research.
    • Handle: RePEc:fer:resrep:89
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    File URL: https://www.doria.fi/handle/10024/148540
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    Cited by:

    1. Klemen, SIROK & Laura-Maria, DIACONESCU, 2014. "The Role Of Work And Labour Market Flexibility In Working Life Prolongation: Case Slovenia," Management Strategies Journal, Constantin Brancoveanu University, vol. 26(4), pages 611-620.
    2. Ashok Thomas & Luca Spataro, 2013. "Pension funds and Market Efficiency: A review," Discussion Papers 2013/164, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    3. Minna Väre, 2006. "Spousal Effect and Timing of Retirement," Journal of Agricultural Economics, Wiley Blackwell, vol. 57(1), pages 65-80, March.
    4. Deschryvere, Matthias, 2004. "Labour Force Behavior of Elderly Two Adult Households: Evidence from EU-countries," Discussion Papers 933, The Research Institute of the Finnish Economy.
    5. Deschryvere, Matthias, 2004. "Health and Retirement. An Update of the Literature," Discussion Papers 932, The Research Institute of the Finnish Economy.
    6. Vare, Minna, 2005. "Timing of the Early Retirement Decisions of Farming Couples," 94th Seminar, April 9-10, 2005, Ashford, UK 24412, European Association of Agricultural Economists.
    7. Hakola, Tuulia, 2002. "Alternative Approaches to Model Withdrawals from the Labour Market – A Literature Review," Working Paper Series 2003:4, Uppsala University, Department of Economics.
    8. Hakkinen, Iida, 2006. "Working while enrolled in a university: does it pay?," Labour Economics, Elsevier, vol. 13(2), pages 167-189, April.
    9. Vare, Minna, 2005. "Spousal Effect and Timing of Farmers' Early Retirement Decisions," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24696, European Association of Agricultural Economists.

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