Financial Incentives and the Timing of Retirement: Evidence from Switzerland
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.
|Date of creation:||Dec 2006|
|Date of revision:|
|Publication status:||published as 'The Timing of Retirement - New Evidence from Swiss Female Workers' in: Labour Economics, 2012, 19(5), 718-728|
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