Jousten, Alain
[Verfasser:in]
;
Lefebvre, Mathieu
[Sonstige Person, Familie und Körperschaft];
Perelman, Sergio
[Sonstige Person, Familie und Körperschaft]
Health Status, Disability and Retirement Incentives in Belgium
Erschienen in:Netspar Discussion Paper ; No. 11/2013-056
Umfang:
1 Online-Ressource (41 p)
Sprache:
Englisch
DOI:
10.2139/ssrn.2356943
Identifikator:
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 18, 2013 erstellt
Beschreibung:
Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be identified: old‐age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most prominent ones. We analyze the retirement decision of Belgian workers adopting an option value framework, and pay special attention to the role of health status. We estimate probit models of retirement using data from SHARE. The results show that health and incentives matter in the decision to exit from the labor market. Based on these results, we simulate the effect of potential reforms on retirement