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Tekijä: | Hernaes, E. Sollie, M. Strom, S. |
Otsikko: | Early retirement and economic incentives |
Lehti: | Scandinavian Journal of Economics
2000 : VOL. 102:3, p. 481-502 |
Asiasana: | EARLY RETIREMENT LOGIT MODELS INCENTIVES |
Kieli: | eng |
Tiivistelmä: | 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. |
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