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Author:Hernaes, E.
Sollie, M.
Strom, S.
Title:Early retirement and economic incentives
Journal:Scandinavian Journal of Economics
2000 : VOL. 102:3, p. 481-502
Index terms:EARLY RETIREMENT
LOGIT MODELS
INCENTIVES
Language:eng
Abstract:In Norway, early retirement programmes have gradually reduced the retirement age from 67 to 62 for a majority of the labour force. Based on micro data for 1990 and 1992 the authors estimate a competing-risk model with three states: full retirement, partial retirement/part-time work and full-time work. The authors then use the estimated model in simulations to study how financial incentives can be strengthened to extend working life.
SCIMA record nr: 222521
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