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Retirement in Australia: A Closer Look at the Financial Incentives
| Content Provider | Semantic Scholar |
|---|---|
| Author | Warren, Diana Papini Oguzoglu, Umut |
| Copyright Year | 2010 |
| Abstract | In Australia, labour force participation among older people has been declining. Previous research has found that in many OECD countries, the retirement income system actually provides a financial incentive for older workers to retire early. In this article, we model the retirement behaviour of Australian men and women aged between 55 and 70 years, where individuals retire in the period that the present value of their lifetime retirement income is maximised. Our findings suggest that the Australian retirement system does provide an incentive to retire early. However, men are much more likely than women to respond to these financial incentives. |
| Starting Page | 357 |
| Ending Page | 375 |
| Page Count | 19 |
| File Format | PDF HTM / HTML |
| DOI | 10.1111/j.1467-8462.2010.00585.x |
| Alternate Webpage(s) | https://melbourneinstitute.unimelb.edu.au/assets/documents/hilda-bibliography/working-discussion-research-papers/2007/Warren_etal_Retirement_in_Australia_A_Closer_Look_at_the_Financial_Incentives.pdf |
| Alternate Webpage(s) | https://doi.org/10.1111/j.1467-8462.2010.00585.x |
| Volume Number | 43 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |