Early Retirement and Economic Incentives
基于挪威1990和1992年微观数据，估计了包含完全退休、部分退休/兼职和全职工作的竞争风险模型，模拟如何通过强化经济激励延长工作寿命，发现税收制度对中低收入者提前退休有显著影响。
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, we estimate a competing‐risk model with three states: full retirement, partial retirement/part‐time work and full‐time work. We then use the estimated model in simulations to study how financial incentives can be strengthened to extend working life. Financial incentives, educational background and industry affiliation are found to influence retirement behaviour. For low and medium incomes, the tax system shifts the incentives heavily towards early retirement and, in particular, towards partial retirement combined with part‐time work.