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dc.contributor.authorBratberg, Espen
dc.contributor.authorHolmås, Tor Helge
dc.contributor.authorThøgersen, Øystein
dc.date.accessioned2006-08-15T11:59:42Z
dc.date.available2006-08-15T11:59:42Z
dc.date.issued2000-04
dc.identifier.issn0804-6824
dc.identifier.urihttp://hdl.handle.net/11250/162764
dc.description.abstractWe investigate induced retirement effects of the Norwegian early retirement program ”AFP” and emphasize effects caused by relocations of some individuals from disability pension to AFP. Our theoretical model predicts that AFP unambigously induces more early retirement. The substitution effect towards early retirement is strongest for low income individuals. Using a longitudinal sample, we demonstrate that i) economic incentives influence the retirement decision, ii) there is a significant net induced retirement effect and the magnitude is inversely related to income, iii) approximately 28 and 8 per cent of the AFP pensioners would otherwise have been disabled or unemployed.en
dc.format.extent68833 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoengen
dc.publisherNorwegian School of Economics and Business Administration. Department of Economicsen
dc.relation.ispartofseriesDiscussion paperen
dc.relation.ispartofseries2000:4en
dc.subjectinduced retirementen
dc.subjectsocial securityen
dc.subjecttax-transfer programsen
dc.titleAssessing the effects of early retirement programsen
dc.typeWorking paperen


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