Jump to ContentJump to Main Navigation
Social Security Programs and Retirement around the WorldMicro-Estimation$
Users without a subscription are not able to see the full content.

Jonathan Gruber and David A. Wise

Print publication date: 2004

Print ISBN-13: 9780226310183

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226309989.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 21 April 2021

Incentives and Exit Routes to Retirement in the Netherlands

Incentives and Exit Routes to Retirement in the Netherlands

(p.461) 8 Incentives and Exit Routes to Retirement in the Netherlands
Social Security Programs and Retirement around the World

Klaas de Vos

Arie Kapteyn

University of Chicago Press

This chapter uses micro-data from the years 1984 to 1995 to assess the extent to which financial incentives can be seen to determine the retirement decision. In doing so, it can also simulate the effects of possible reforms on participation rates. The results indicate strong and statistically significant incentive effects for males. For females, the estimated effects are smaller and much less significant. The chapter is organized as follows. Section 8.2 sketches the institutional framework within which people retire in the Netherlands. Sections 8.3 and 8.4 describe the data and its application in the analysis. Section 8.5 provides a brief summary of research on retirement in the Netherlands. Section 8.6 is devoted to the construction of incentive measures that are used in the estimation of the retirement equations. Section 8.7 presents the estimation results for the common model, and Section 8.8 gives results of some policy simulations based on the estimated common model. Section 8.9 concludes.

Keywords:   financial incentives, retirement incentives, retirement behavior

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.