Relevant bibliographies by topics / Labour supply and retirement decisions

Academic literature on the topic 'Labour supply and retirement decisions'

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Published: 4 June 2021
Last updated: 9 February 2022

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Journal articles on the topic "Labour supply and retirement decisions"

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Ruzik-Sierdzińska, Anna. "An Attempt to Identify Factors Influencing Retirement Decisions in Poland." Acta Universitatis Lodziensis. Folia Oeconomica 4, no. 336 (September 4, 2018): 43–59. http://dx.doi.org/10.18778/0208-6018.336.03.

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Discussions on how to prevent negative economic consequences of ageing of societies have resulted in the reforms that should prolong labour market participation and postpone retirement of longer living generations. Pension systems are among those reformed most frequently. Also in Poland – since the beginning of economic transformation in the early 1990s – retirement rules have changed many times. Pre‑retirement benefits and allowances have been introduced to help those who became unemployed at an older age. Since 2009 early retirement is not possible any more (with some exceptions), the standard retirement age continued to increase since 2013 and then it decreased again in 2017. The aim of the paper is to analyse the driving forces of retirement in Poland. Such knowledge is important to develop proper policies and expectations about labour supply decisions. We have analysed what factors influenced retirement decisions in the last decade, with a special focus on pension system regulations. The main data sources used in this paper are Labour Force Survey (BAEL) data for the years 2005–2016 and the Social Insurance Institution statistics. Probabilities of retirement from the labour force were presented and discussed. Then, individual BAEL data for persons aged 50–74 in the years 2013–2016 were used to estimate logistic regression models of odds of labour market inactivity. The results show that education or health status are significant factors influencing retirement decisions in Poland. Additionally, older workers react to economic incentives for retirement created by the pension system, mainly the retirement age.
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COLOMBINO, UGO, ERIK HERNÆS, MARILENA LOCATELLI, and STEINAR STRØM. "Pension reforms, liquidity constraints and labour supply responses." Journal of Pension Economics and Finance 10, no. 1 (March 18, 2010): 53–74. http://dx.doi.org/10.1017/s1474747209990357.

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AbstractLabour supply responses among older people are estimated on 1996 cross-section register data covering all Norwegians aged 55–68, with an inter-temporal structural model of retirement decisions. Simulations illustrate the impact of introducing flexible pension take-up with actuarial adjustment. With the option of perfect consumption smoothing via the credit market, the reform which comes into effect in Norway from 2011 will reduce the share of retired persons in the age bracket 60–67 (in the base year 15–16%) by around 3 percentage points. With no consumption smoothing, the reduction will be 0.75 percentage points.
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Manoli, Day, and Andrea Weber. "Nonparametric Evidence on the Effects of Financial Incentives on Retirement Decisions." American Economic Journal: Economic Policy 8, no. 4 (November 1, 2016): 160–82. http://dx.doi.org/10.1257/pol.20140209.

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This paper presents new evidence on the effects of retirement benefits on labor force participation decisions. The analysis is based on a mandated rule for employer-provided retirement benefits in Austria that creates discontinuities in the incentives for workers to delay retirement. The paper presents graphical evidence on labor supply responses and develops a conceptual framework that accounts for the dynamic incentive structure and for adjustment frictions. Using bunching methods, a semi-elasticity of participation is estimated, which ranges from 0.1 to 0.3 and is highest for incentives targeted at a delay in retirement by 6 to 9 months. (JEL D14, D91, H55, J22, J26, J65)
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Fitzpatrick, Maria D. "Pension reform and return-to-work policies." Journal of Pension Economics and Finance 18, no. 04 (December 26, 2018): 500–514. http://dx.doi.org/10.1017/s1474747218000367.

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AbstractFor many people, working after beginning retirement benefit collection is a way to enhance financial security by increasing income. Existing research has shown that retirees are sensitive to the Social Security earnings test, which restricts the amount of earnings some beneficiaries can receive. However, little is known about the effects of other types of policies on post-retirement employment. Instead of restricting earnings, many public pension plans restrict the number of hours beneficiaries can work. I use return-to-work rules limiting the number of hours of employment in a state's public pension plan and administrative data on employment and retirement to determine the rules’ effects on retirement decisions and post-retirement labor supply. I find that the increases in the maximum number of hours of post-retirement employment lead to no change in retirement benefit collection and to increases in part-time work among retirees. As such, these policies appear to be binding on the labor supply decisions of some employees. These results are relevant for designing policies aimed at extending work-lives or improving the health of pension systems.
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Basiglio, Stefania, and Noemi Oggero. "The Effects of Pension Information on Individuals’ Economic Outcomes: A Survey." Economies 8, no. 3 (August 20, 2020): 67. http://dx.doi.org/10.3390/economies8030067.

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This paper provides an overview of a wide array of research investigating the effects of pension information on different individuals’ economic outcomes. While many studies show that information provision increases knowledge, the evidence is mixed regarding its effects on behavior. Nevertheless, we draw some conclusions about the impact of pension information on three major economic outcomes, namely, retirement planning, choices pertaining individuals’ labor supply, and savings decisions. We also highlight that the lack of knowledge prevalently hits the most vulnerable individuals in the society, such as women. As a consequence, not providing sufficient information could contribute to widening the gender gap in pensions.
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JAAG, CHRISTIAN. "Education, demographics, and the economy." Journal of Pension Economics and Finance 8, no. 2 (November 16, 2007): 189–223. http://dx.doi.org/10.1017/s1474747207002983.

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AbstractThis paper deals with two issues concerning the effects of population aging on education decisions in the presence of a PAYG pension system: We first analyze the effects of an aging population per se on individual skill choices and continuous education and the production structure. Second, we study the implications of postponed retirement, which is often proposed as a measure to cope with the economic challenges of increased longevity. Our study uses a dynamic general equilibrium framework with overlapping generations and probabilistic aging. The model allows for capital–skill complementarity in the production of final output.As a response to population aging, in a small open economy with a fixed interest rate, our first simulation shows that GDP is depressed due to an adverse effect on skill choice and labor supply. We then introduce postponed retirement as a potentially dampening policy measure due to its encouragement of human capital formation. However, since there is less private saving in this scenario, the overall effect on GDP is even worse than in the pure aging scenario.
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Hermansen, Åsmund. "Additional Leave as the Determinant of Retirement Timing—Retaining Older Workers in Norway." Nordic Journal of Working Life Studies 4, no. 4 (January 1, 2015): 89. http://dx.doi.org/10.19154/njwls.v4i4.4709.

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Faced with a rapidly aging labor force, increasing the labor supply of older workers has become an important goal for European countries. Offering additional leave to older workers with the option of withdrawing a contractual pension (contractual early retirement pension AFP) has become a widespread retention measure in Norwegian companies. Thus far, no studies documenting the effects of individual retention measures on early retirement behavior have been published. The aim of this article is to examine whether offering additional leave impacts the relative risk of withdrawal of a contractual pension. The analysis uses a difference-in-differences approach and examines whether offering additional leave to counteract early retirement impacts the retirement decisions of 61- and 62-year-olds within the next two years of their employment, controlling for a range of different individual and company characteristics. This is achieved by comparing changes and differences in the individual relative risk of retiring early on the contractual pension (AFP scheme) in the period 2001–2010 among older workers in companies with and without the retention measure. The analysis shows an overall average increase in the relative risk of a 61- or 62-year-old worker retiring on the contractual pension between 2001 and 2010; however, among older workers employed in companies offering additional leave there has been a decrease in the relative risk. The effect of additional leave is evident both before and after controlling for the selected individual and company characteristics. Thus, the analysis shows that offering additional leave as a retention measure reduces the individual relative risk of withdrawing a contractual pension (AFP) in the next two years of employment among older workers between the age of 61 and 62 years.
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Chetty, Raj. "Behavioral Economics and Public Policy: A Pragmatic Perspective." American Economic Review 105, no. 5 (May 1, 2015): 1–33. http://dx.doi.org/10.1257/aer.p20151108.

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The debate about behavioral economics–the incorporation of insights from psychology into economics–is often framed as a question about the foundational assumptions of economic models. This paper presents a more pragmatic perspective on behavioral economics that focuses on its value for improving empirical predictions and policy decisions. I discuss three ways in which behavioral economics can contribute to public policy: by offering new policy tools, improving predictions about the effects of existing policies, and generating new welfare implications. I illustrate these contributions using applications to retirement savings, labor supply, and neighborhood choice. Behavioral models provide new tools to change behaviors such as savings rates and new counterfactuals to estimate the effects of policies such as income taxation. Behavioral models also provide new prescriptions for optimal policy that can be characterized in a non-paternalistic manner using methods analogous to those in neoclassical models. Model uncertainty does not justify using the neoclassical model; instead, it can provide a new rationale for using behavioral nudges. I conclude that incorporating behavioral features to the extent they help answer core economic questions may be more productive than viewing behavioral economics as a separate subfield that challenges the assumptions of neoclassical models.
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Radziukiewicz, Małgorzata. "Diagnosing the Reasons for Economic Inactivity in the Polish Population." Economic and Regional Studies / Studia Ekonomiczne i Regionalne 13, no. 1 (March 1, 2020): 15–32. http://dx.doi.org/10.2478/ers-2020-0002.

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SummarySubject and purpose of work: This paper deals with the issues of occupational activation of economically inactive persons. Its objective is to provide the reader with an outline of labour market problems and the situation of the economically inactive population*. Persons who qualify neither as employed or as unemployed potentially constitute an untapped labour potential. The focus in this paper is on economically inactive persons and the reasons they do not seek employment, in order to better understand, first, the causes behind such a low occupational activity and, second, the possible remedial measures. In view of the urgent need for reintegrating persons outside the labour force with the labour market, it appears of utmost importance to identify the reasons for their situation. The fact that nearly 5.02 million working-age Poles remain economically inactive (accounting for nearly 22.0% of the whole working-age population) indicates how huge their potential may be. Special attention will be paid to groups of potential workers who have barely marked their presence on the labour market. One such group is formed by over 2.35 million individuals who are outside the labour market for reasons unrelated to health or retirement age.Materials and methods: The analysis is based on the annual and quarterly Labour Force Survey (LFS) data provided by Statistics Poland, and data originating from the Local Data Bank. To facilitate a wider discussion, the statistical data presented in the article cover a multi-annual perspective. This information is supplemented with research results obtained by other authors. Use is made of different methods of data analysis, including a descriptive analysis – to determine the underlying figures regarding the number of economically inactive persons; a dynamics analysis – to identify changes that occurred in 2006-2019 in the figures determined in the descriptive analysis; and a comparative analysis – to assess trends regarding economically inactive persons by comparing selected data with those that have been recently recorded in other EU countries.Results: The scale of economic inactivity in 2016-2019 is assessed on the basis of statistical data presented in tables and figures regarding economically inactive persons by the most common reason for inactivity. The analytical part of this paper features thematic blocks/detailed analyses of the demographic situation, the level and breakdown of economically inactive persons, and changes in their numbers that have taken place in recent years.Conclusions: The constantly declining working-age population, coupled with the low level of occupational activity in some age groups, should encourage decision-makers to design adequate labour market policies/programmes to support the occupational activity of Poles. Labour supply improvements should be sought mainly through the occupational activation of economically inactive persons and through extending the period of occupational activity.
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Kanabar, Ricky. "Post-retirement labour supply in England." Journal of the Economics of Ageing 6 (December 2015): 123–32. http://dx.doi.org/10.1016/j.jeoa.2015.05.002.

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Dissertations / Theses on the topic "Labour supply and retirement decisions"

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Giesecke, Matthias [Verfasser], and Reinhold [Akademischer Betreuer] Schnabel. "Retirement decisions : the role of labour supply, financial incentives, and mortality expectations / Matthias Giesecke. Betreuer: Reinhold Schnabel." Duisburg, 2015. http://d-nb.info/1074825179/34.

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Kudrna, Jiri, and g. kudrna@unsw edu au. "Retirement Income Policy in Australia: Life-Cycle Analyses." University of Sydney, 2009. http://hdl.handle.net/2123/4119.

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Doctor of Philosophy(PhD)
Retirement income policy in Australia has undergone significant changes over the last two decades, including the introduction of the Superannuation Guarantee [SG] with mandatory contributions in 1992 and the 2007 superannuation changes with the benefit tax abolition. Numerical implications of adopted pension reforms and reform proposals such as further increases in the SG contribution rate, changes to superannuation taxation and to means-testing of the age pension have been examined mainly by micro-simulation models. These models, often criticized for their lack of theoretical content, provide an incomplete picture of pension policy effects because of no or limited behavioural responses to underlying policy changes. In this thesis, models based on the life-cycle theory of saving pioneered by Modigliani and Brumberg (1954) are applied to simulate behavioural, welfare and macroeconomics effects of proposed changes to Australia’s pension policy. In particular, this thesis develops the following computable models: a life-cycle, single household model, a partial equilibrium, household model and a general equilibrium model with overlapping generations [OLG]. The single household model describes lifetime behaviour of the utility-maximising single household with uncertain lifespan. The model features perfect capital markets, endogenous labour supply and retirement decisions, and it incorporates main aspects of Australia’s pension and income tax policy settings. The simulated policy changes are (i) increase in the SG contribution rate, (ii) superannuation tax changes and (iii) abolition of the age pension means test. The results indicate higher retirement consumption and welfare gains from all the analysed pension policy changes. Partial equilibrium and general equilibrium models introduced in this thesis are built on lifetime behaviour of the single household. Both models distinguish many generations of households by age and, therefore, are capable of studying behavioural and welfare effects of policy changes for different generations. The partial equilibrium model examines behaviour of the household sector in the environment of the fixed factor prices. It is shown, for instance, that welfare gains from the investigated pension policy changes are not uniformly distributed across generations. The general equilibrium OLG model extends the partial equilibrium analyses by incorporating production, government and foreign sectors in addition to household and pension sectors. The model is a small open economy version of Auerbach and Kotlikoff’s (1987) OLG model. The simulation results are significantly different from those in the partial equilibrium framework, driven mainly by the changes in aggregate labour supply. For instance, the higher SG rate policy increases aggregate assets and saving. However, the saving increases are exported abroad rather than invested in the domestic capital stock. Hence, the implications of this policy change for the capital stock and output are minimal. Younger cohorts and future born generations experience consumption and welfare gains but older cohorts are negatively affected by a higher consumption tax rate resulting from this hypothetical policy change.
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Allan, Stephen. "The labour supply and retirement of older workers : an empirical analysis." Thesis, University of Kent, 2008. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.553717.

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This thesis examines the labour supply of older workers, their movement into retirement, and any movement out of retirement and back into work. In particular the labour force participation, labour supply and wage elasticity and other income elasticity of work hours are estimated for older workers and compared to younger workers. The thesis goes on to look at the movement into retirement for older workers as a whole by examining cohorts by gender, wave and age. The thesis also presents a descriptive and quantitative • examination of the changes in income and happiness that occur as an individual retires. Finally the thesis examines the reasons why an individual may return to work from v . retirement. The results of the findings suggest: that younger workers are significantly more responsive to wage and household income changes than older workers; that there are gradual movements into retirement for workers as a whole but sudden movements into retirement for individuals; that there are significant changes in income and happiness as individuals retire that depend on certain traits; and that life satisfaction is significantly affected by an individual's pre-retirement wage and whether they retire late or not. There is also an important role for pensions both in terms of the fall in income as an individual retires and in the probability that a retiree will return to work.
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Phillips, V. L. "The labor supply decisions of nurses in Great Britain." Thesis, University of Oxford, 1991. https://ora.ox.ac.uk/objects/uuid:32714aba-06ac-4266-bec1-177100cc9a28.

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This thesis examines the nursing labor market in Great Britain. It describes the components of supply and demand, their interaction, and the dominant role of supply in the market. It also gives a detailed accounting of the conditions of employment for nurses, their training arrangements, and the system by which their pay is determined. Following this discussion, two types of supply models are estimated. The first is a static model which uses data from the Women and Employment Survey to explain two dimensions of supply at a particular point in time: participation and hours of work; discontinuities in the supply function are also discussed. The second is a dynamic model which uses hazard functions to identify the determinants of nursing quits over time. Work history data collected from the personnel files of the John Radcliffe Hospital are the basis of this analysis and three specific quit models: to leave for another job, to leave the labor market altogether, and to leave to take up training, are estimated along with the aggregate quit function for qualified and unqualified nurses. Finally, the elasticities produced from the supply models are used to evaluate the cost effectiveness of various policies to increase the supply of nurse labor.
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Mohd, Saidatulakmal. "Saving, labour supply, socio-economic indicators and social security retirement benefits : a case study of Malaysia." Thesis, University of Birmingham, 2005. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.433627.

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Charni, Kadija. "The labour market for older workers : earnings trajectories, labour supply and employment." Thesis, Aix-Marseille, 2016. http://www.theses.fr/2016AIXM2013/document.

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Avec le vieillissement général de la population et ses implications sur la pérennité des finances publiques, le marché du travail des seniors est un thème qui va continuer à préoccuper nos sociétés. L’objectif de cette thèse est de répondre à des problématiques concrètes relatives au marché du travail des personnes âgées. Cette thèse comprend quatre chapitres. Les deux premiers chapitres s’intéressent à l’évolution des trajectoires salariales en fin de carrière professionnelle. Les résultats ne supportent pas l’idée que les salaires décroissent pour les travailleurs âgés à cause de l’âge. La diminution du salaire observée pour les travailleurs âgés en coupe transversale est le résultat d’effet de cohorte, de changement d’emploi, ou de la retraite partielle. Le Chapitre 3 évalue les effets des réformes du régime des retraites sur les transitions du chômage à l’emploi. Les réformes du régime des retraites ont des effets limités sur le retour en emploi des chômeurs, mais elles sont accompagnées par une augmentation des sorties vers l’inactivité, entraînant ainsi une baisse du taux de chômage des travailleurs âgés. Enfin, le Chapitre 4 examine les principaux facteurs des difficultés des seniors à se maintenir en emploi. Il propose également une analyse des opportunités d’emploi des chômeurs âgés. Les résultats montrent que l’état de santé, les incitations économiques et l’âge augmentent la probabilité de quitter son emploi, alors que l’âge diminue les chances de réemploi des travailleurs âgés. Une décomposition à la Oaxaca confirme le rôle déterminant de l’âge dans les différences de durée de chômage entre travailleurs d’âge différent, ce qui est consistent avec des attitudes discriminatoires
With the global ageing of population and the consequences on public finances sustainability, the labour market of older workers remains a key concern for societies.The aim of this dissertation is to address particular issues on the labour market for older workers.This thesis consists of four chapters.The first two chapters examine the age-earnings trajectories late in working life.We do not find support of a decline of earnings at older ages as the consequence of ageing.The decline of the age-earnings profile observed for older workers at cross-sectional analysis is attributable to cohort effects, job-changing, and partial retirement.Chapter 3 evaluates the effects of French pension reforms on older workers’ transition out of unemployment and into employment. We find that the retirement reforms have limited effects on re-employment, and they increase transitions into inactivity, leading to a decrease of unemployment rate of older workers.Finally,Chapter 4 investigates the factors behind difficulties to remain in employment as workers age. It also evaluates job opportunities of older unemployed workers.The results indicate that the probability of leaving employment increases with economic incentives, ill health and age, while the probability of getting back to employment decreases with age.An Oaxaca decomposition supports the key role of age in the unemployment duration gap between ‘older’ and ‘younger’ workers, which is consistent with age discrimination
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Jeddi, Haron. "The incentive effects of the Ontario Child Care Supplement for working families on household labour supply decisions /." Burnaby B.C. : Simon Fraser University, 2005. http://ir.lib.sfu.ca/handle/1892/2363.

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Laun, Tobias. "Essays on Macroeconomics and Health." Doctoral thesis, Handelshögskolan i Stockholm, Institutionen för Nationalekonomi, 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:hhs:diva-2208.

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This thesis consists of four independent papers covering macroeconomic topics such as unemployment insurance, retirement, business cycles and disability insurance. The unifying theme connecting all papers is the importance of health when addressing these issues. The first paper derives the optimal insurance against unemployment and disability in a setting where individuals can determine the probability of becoming disabled by exerting prevention effort. The second paper develops a life cycle model of labor supply and retirement to study the interactions between health and the labor supply behavior of older workers, in particular disability insurance and retirement. The third paper looks at the role of health in a business cycle framework. Here, health is treated as an asset that generates time and utility. The last paper derives a theoretical model of the application decision for disability benefits and proposes an empirical strategy for measuring screening stringency in the disability insurance program.

Diss. Stockholm :  Stockholm School of Economics, 2012. Introduction together with 4 papers

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Najafi, Maja, and Marcus Wollbratt. "Sickness absence in Sweden : A study of early retirement and sickness absence." Thesis, Jönköping University, JIBS, Economics, 2008. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-1120.

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The purpose of this thesis has been to analyse seven major factors that tend to influence the rate of early retirement in Sweden. The scope of data was gathered for every municipality in Sweden. Economic theories of labour supply, Moral Hazard, Adverse Selection and the Insurance Model were used to analyse the empirical results. In the analysis, earlier studies of the rate of sickness absence were important and used as a framework in choosing the explanatory variables for the econometric model. The analysed variables were; average income, average sickness days, educational level, foreign born, public sector employment, unemployment and the share of women in the population. As a consequence of the rift that occurred in 2003, when the average sickness days decreased and disbursed early retirements simultaneously increased, the relationship between these two variables was given special attention. The empirical findings confirmed our conjectures and were consistent with earlier research. Average income and the level of education were negatively related to the rate of early retirement. Moreover foreign born, average sickness days and unemployment showed a positive relation to early retirement. The relationship between average sickness days and early retirement had statistically changed and decreased between the years. A possibility is that other factors, such as changed social norms and increased stress in society (which are difficult to measure in a statistical and economical sense) might have become more relevant in explaining the rate of early retirement.


Syftet med denna uppsats har varit att analysera sju viktiga faktorer som tenderar att påverka graden av förtidspensionering i Sverige. Data omfånget insamlades för alla kommuner i Sverige. Ekonomiska teorier om arbetsutbud, Moral Hazard, Adverse Selection och Insurance Model användes för att analysera de empiriska resultaten. I analysen var tidigare studier utav graden av sjukfrånvaro viktig och användes som ramverk i valet av de förklarande variablerna till den ekonometriska modellen. De analyserade variablerna var; medelinkomst, genom-snittliga sjukdagar, utbildningsnivå, utlandsfödda, offentligt anställda, arbetslöshet och andelen kvinnor i befolkningen. Som en konsekvens utav den klyfta som uppstod 2003, när de genomsnittliga sjukdagarna minskade och utbetalda förtidspensioner samtidigt ökade, gavs sambandet mellan dessa två variabler speciell uppmärksamhet. De empiriska iakttagelserna bekräftade våra förväntningar och stämde överens med tidigare forskning. Medelinkomst och utbildningsnivå var negativt relaterade till graden av förtidspensionering. Dessutom var utlandsfödd, genomsnittliga sjukdagar och arbetslöshet positivt relaterade till förtidspensionering. Relationen mellan de genomsnittliga sjukdagarna och graden av förtidspensionering hade statistiskt sätt ändrats genom att ha minskat mellan åren. En tänkbar förklaring till detta skulle kunna vara att andra faktorer, såsom skiftande sociala normer och en ökande stress i samhället (vilka är svåra att mäta statistiskt och ekonomiskt) kan ha blivit mer relevanta i att förklara graden av förtidspensionering.

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Kátay, Gábor. "Essais sur deux enjeux majeurs des pays d'Europe de l'Est : l'endettement en devises étrangères et l'offre de travail." Thesis, Paris 1, 2015. http://www.theses.fr/2015PA010016/document.

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Cette thèse traite deux sujets distincts, les deux représentant des enjeux importants pour un grand nombre de Pays d’Europe Centrale et Orientale (PECO). La première partie porte sur les emprunts en devises étrangères. Plusieurs études antérieures montrent que dans de nombreux PECO, l’endettement en devises étrangères a augmenté de manière considérable avant la crise et est devenu un enjeu majeur pour les entreprises, les ménages et pour la politique budgétaire et monétaire. Pour évaluer les risques associés à l’endettement excessif en devises étrangères, nous étudions la volonté des entreprises d’apparier la composition en devises de leurs actifs et leurs passifs ainsi que leurs incitations à dévier de l’appariement parfait. Nos résultats fournissent des preuves solides à l’appui du rôle de la couverture naturelle. Néanmoins, ce dernier n’est pas le motif principal d’endettement en devise étrangères : le motif de couverture naturelle n’explique qu’environ 10 à 20 pour cent de la dette totale en devises étrangères des entreprises avant et pendant la crise, respectivement. La plus grande partie de la dette en devises étrangères correspondrait, au moins en Hongrie, à des positions de carry trade détenues par des sociétés non financières. La deuxième partie de la thèse est consacrée à l’exploration des liens entre les systèmes socio-fiscaux et l’offre de travail à la marge extensive. Le deuxième chapitre propose une nouvelle stratégie de modélisation de l’offre de travail comme alternative aux deux approches dominantes basées sur le calcul marginal et les modèles d’utilité aléatoire. Finalement, le dernier chapitre utilise ce modèle pour quantifier la part de la différence entre les taux d’activité tchèque et hongrois qui peut être expliquée par les divergences des systèmes d’imposition et de protection sociale. Les estimations donnent des élasticités d’offre de travail similaires, ce qui suggère que les préférences individuelles sont essentiellement identiques dans les deux pays. Nos résultats montrent que la moitié de l’écart entre les taux d’activité s’explique par les différences des systèmes socio-fiscaux
This thesis deals with two distinct topics, both of them representing central issues for many Central and Eastern European (CEE) countries. The first part of the thesis focuses on foreign currency (FX) lending. Several previous studies point out that in many CEE countries, FX borrowing rose significantly before the crisis and has become a major challenge for firms, households and for fiscal and monetary policy. To evaluate the risks associated with excessive FX indebtedness, we investigate firms’ willingness to match the currency composition of their assets and liabilities and their incentives to deviate from perfect matching. Our results provide strong evidence to support the role of natural hedging, however, it is not the primary motivation for firms to choose foreign currency : it explains only about 10 percent of the overall corporate FX debt during the pre-crisis and 20 percent during the post-crisis periods. Most likely, the largest part of the corporate FX debt, at least in Hungary, corresponds to open carry trade positions held by non-financial corporations. The second part of the thesis is devoted to exploring the links between tax-benefit systems and labour supply at the extensive margin. The second chapter presents an alternative modelling strategy of labour supply to the two dominating approaches based on marginal calculus and on random utility models. Finally, the last chapter uses this model to quantify the difference between the Hungarian and the Czech participation rates that can be attributed to differences in taxation and welfare benefits. We find that the estimated labour supply elasticities for the Czech Republic are very close to the results for Hungary, suggesting that, at least in this dimension, individual preferences are similar in the two countries. Results suggests that about one-half of the total difference in the participation rates can be explained by differences in the tax-benefit systems
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Books on the topic "Labour supply and retirement decisions"

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Lumsdaine, Robin L. Factors affecting labor supply decisions and retirement income. Cambridge, MA: National Bureau of Economic Research, 1995.

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Lahdenperä, Harri. Female labour supply in Finland: Econometric applications of discrete choise models to married women's labour supply decisions. Helsinki: Suomen Pankki, 1991.

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Benjamin, Dwayne. Early retirement provisions and the labour force behaviour of older men: Evidence from Canada. [Ottawa: Human Resources Development Canada, 1996.

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Voth, Hans-Joachim. Why did working hours increase in eighteenth-century London?: Labour supply decisions and consumer durables during the industrial revolution. Oxford: University of Oxford, 1996.

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M, Heijke J. A., and Borghans L, eds. Towards a transparent labour market for educational decisions. Aldershot, Hants, England: Ashgate, 1998.

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Barmby, Tim. Household labour supply decisions: Some aspects of estimating a model with Pareto optimal outcomes. Department of Economics, Loughborough University of Technology, 1991.

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Book chapters on the topic "Labour supply and retirement decisions"

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Gertler, Paul J., and John L. Newman. "Family Labour Supply Decisions in Rural Peru." In Issues in Contemporary Economics, 284–318. London: Palgrave Macmillan UK, 1991. http://dx.doi.org/10.1007/978-1-349-11576-1_11.

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Duncan, Alan. "Labour supply decisions and non-convex budget sets: the case of national insurance contributions in UK." In Empirical Approaches to Fiscal Policy Modelling, 137–62. Dordrecht: Springer Netherlands, 1993. http://dx.doi.org/10.1007/978-94-011-1538-4_8.

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Celero, Jocelyn O. "Settling for Welfare? Shifting Access to Welfare, Migration and Settlement Aspirations of Filipina Single Mothers in Japan." In IMISCOE Research Series, 87–104. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-67615-5_6.

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AbstractThis chapter is concerned with Filipina single mothers’ access to diverse forms of welfare assistance in Japan and its impact on their decisions, aspirations and capabilities for migration and settlement. It fundamentally asks: Does access to the welfare system make Filipina migrant mothers settle in or move away from Japan? I argue that welfare arrangements significantly affect Filipina single mothers and the ways in which they raise their children and manage a transnational household. Access to child-rearing, subsidised living and housing benefits in Japan, combined with private welfare arrangements in the Philippines, have enabled them to navigate various life-course events. Analysis of their welfare access across time and space suggests that Filipina immigrants’ migration and settlement aspirations are contingent upon macro-level factors such as the restrictive nature of Japan’s immigration, welfare and labour policies, the ambivalent attitudes of Japanese society towards immigrants and individual factors such as legal status, residency and social networks that influence their socio-economic roles and family-related activities in Japan and the Philippines. Attaining permanent residency in Japan is a utilitarian choice which gives them flexible options for the future. Their aspirations to eventually either return to the Philippines or to settle in Japan are influenced less by the ‘adequate’ social protection available in Japan than by the age of their children, their investments and their dreams of a desirable retirement.
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Fehr, Hans, and Fabian Kindermann. "Life-cycle choices and risk." In Introduction to Computational Economics Using Fortran. Oxford University Press, 2018. http://dx.doi.org/10.1093/oso/9780198804390.003.0015.

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The optimal savings and investment decisions of households along the life cycle were a central issue in Chapter 5. There, savings decisions were made under various forms of risks.However, we restricted our analysis to three period models owing to the limitations of the numerical all-in-one solution we used. In this chapter we want to take a different approach. Applying the dynamic programming techniques learned so far allows us to separate decision-making at different stages of the life cycle into small sub-problems and therefore increase the number of periods we want to look at enormously. This enables us to take amuchmore detailed look at how life-cycle labour supply, savings, and portfolio choice decisions are made in the presence of earnings, investment, and longevity risk. Unlike in Chapter 9, the models we study here are partial equilibrium models. Hence, all prices as well as government policies are exogenous and do not react to changes in household behaviour. This chapter is split into two parts. The first part focuses on labour supply and savings decisions in the presence of labour-productivity and longevity risk. Insurance markets against these risks are missing, such that households will try to self-insure using the only savings vehicle available, a risk-free asset. This model is a quite standard workhorse model in macroeconomics and a straightforward general equilibrium extension exists, the overlapping generations model, which we study in Chapter 11. In the second part of the chapter, we slightly change our viewpoint and look upon the problem of life-cycle decision-making from a financial economics perspective. We therefore exclude laboursupply decisions, but focus on the optimal portfolio choice of households along the life cycle, when various forms of investment vehicles like bonds, stocks, annuities, and retirement accounts are available. This section is devoted to analysing consumption and savings behaviour when households face uncertainty about future earnings and the length of their life span. We study how households can use precautionary savings in a risk-free asset as a means to selfinsure against the risks they face. While in our baseline model we assume that agents always work full-time, we relax this assumption later on by considering a model with endogenous labour supply as well as a model with a labour-force participation decision of second earners within a family context.
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Bingley, P., and G. Lanot. "Employer Pay Policies and Male Retirement Decisions." In Panel Data and Structural Labour Market Models, 13–40. Emerald Group Publishing Limited, 2000. http://dx.doi.org/10.1108/s0573-8555(2000)0000243006.

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Egginton, Don M. "An Informal Empirical Analysis of Labour Supply Decisions in the UK." In Work, Welfare and Taxation, 124–65. Routledge, 2018. http://dx.doi.org/10.4324/9780429399374-4.

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"15. Family dissolution and labour supply decisions over the life cycle." In Health and socio-economic status over the life course, 149–56. De Gruyter Oldenbourg, 2019. http://dx.doi.org/10.1515/9783110617245-015.

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Laporte, Audrey, Adrian Rohit Dass, Whitney Berta, Raisa Deber, and Katherine Zagrodney. "Personal support workers and the labour market." In Support Workers and the Health Professions, 183–204. Policy Press, 2020. http://dx.doi.org/10.1332/policypress/9781447352105.003.0010.

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This chapter analyses the labour market for Personal Support Workers (PSWs). It focuses on Canada as an illustrative case. The literature suggests that, while it is helpful to consider the PSW labour market as a whole from a neo-Weberian perspective, it is better thought of as a series of sub-markets – comprising the hospital, long-term care, and home and community care sectors. These may differ in terms of such factors as wages, benefits, hours worked and working conditions, as well as in the socio-demographic characteristics of PSWs working in each care sector. To the extent that sectoral differences in PSW characteristics affect labour supply behaviours and outcomes – as, for example, in creating differences in the proportion of PSWs nearing retirement age – the heterogeneous nature of the PSW labour market is an important consideration in resource planning. The chapter also explores how PSWs compare to other health professions such as nursing, and makes select references to the international PSW literature in charting a forward course.
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Street, Debra, and Joanne Tompkins. "Is 70 the new 60? Extending American women’s and men’s working lives." In Gender, Ageing and Extended Working Life. Policy Press, 2017. http://dx.doi.org/10.1332/policypress/9781447325116.003.0010.

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Although the United States economy rebounded relatively quickly from the global recession, older workers wanting or needing to work longer confront similar limitations to those in other countries. The critical role of Social Security for shaping patterns of later life work is considered, alongside the US neoliberal stance that minimizes family-friendly policies that would support more equal gender outcomes for work and retirement. Instead, the structure of employment markets, persistent gender gaps in pay, raced and gendered outcomes related to sources and amounts of retirement income, and increasing retirement ages that compel some of the most vulnerable Americans to work longer are considered. The concept of extended working life is considered at both ends of the adult life course, taking into account the challenges of both young and older workers given the realities of the US labour market, underscoring the importance of taking both labour supply and demand into account to fully understand the implications of extended working lives. Although women bear a disproportionate burden of unpaid care, few compensatory policies exist to ensure their income adequacy in old age. That, combined with ageism in the American workplace, make older women who have interrupted work histories or lifetimes of low paid or part time work very vulnerable to experiencing precarious employment, or low incomes/poverty in old age.
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Kuruvilla, Sarosh. "Introduction." In Private Regulation of Labor Standards in Global Supply Chains, 1–6. Cornell University Press, 2021. http://dx.doi.org/10.7591/cornell/9781501754517.003.0001.

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This introductory chapter provides a background of private regulation of labor standards in global supply chains. Over the past three decades, there has been a plethora of private, voluntary regulatory initiatives with regard to social (labor) and environmental issues. This proliferation has come about in part because of pressure from antiglobalizers calling for global governance, and consumer and activist movements calling for global corporations to be more socially and environmentally responsible. There are many different methods of private voluntary regulation for labor standards, but the most common is the private regulation model. It has three elements: setting of standards regarding labor practices in global supply chains through a corporate code of conduct generally based on the conventions of the International Labour Organization; “auditing” or “social auditing” that involves monitoring whether supplier factories comply with the code of conduct; and incentives for suppliers to improve compliance by linking future sourcing decisions to their compliance records (penalizing or dropping noncompliant suppliers and rewarding more compliant ones). The book looks at the current state and future trajectory of this form of private regulation.
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Reports on the topic "Labour supply and retirement decisions"

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Lumsdaine, Robin. Factors Affecting Labor Supply Decisions and Retirement Income. Cambridge, MA: National Bureau of Economic Research, August 1995. http://dx.doi.org/10.3386/w5223.

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Britton, Jack, Eric French, Richard Blundell, and Monica Costa Dias. The impact of health on labour supply near retirement. The IFS, August 2017. http://dx.doi.org/10.1920/wp.ifs.2017.w1718.

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