Abstract
The main aim of this paper is to determine the extent to which people respond to economic incentives with respect to the decision to retire from the labour force. The data used are for Dutch men aged 50–64. First, a brief description is given of the labour force status of the elderly in the Netherlands. Then an attempt is made to estimate the impact on the retirement decision of the replacement rate and the income of the spouse by estimating a five-equation model. It is concluded that these economic factors play a significant role. The authors take this as an encouragement and present some plans for further research.
Résumé
Le principal objectif de cet article est de voir si les individus répondent à des stimulations économiques lorsqu'il s'agit de prendre leur retraite. Les données utilisées concernent des Hollandais âgés de 50 à 64 ans. On présente d'abord une brève description de l'état de la main-d'oeuvre âgée en Hollande. Puis on tente d'estimer l'impact du taux de substitution entre retraite et salaire ainsi que du revenu du conjoint sur la décision de prendre sa retraite, en estimant un modèle à cinq équations. On en conclut que ces facteurs économiques jouent un rôle significatif. Les auteurs devant ce résultat encourageant présentent les grands axes d'une recherche à venir sur ce thème.
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Henkens, K., Siegers, J. The decision to retire: The case of Dutch men aged 50–64. Eur J Population 7, 231–249 (1991). https://doi.org/10.1007/BF01796840
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DOI: https://doi.org/10.1007/BF01796840