Please use this identifier to cite or link to this item: https://hdl.handle.net/10620/18072
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dc.contributor.authorHaisken-DeNew, John-
dc.contributor.authorBroadway, Barbara-
dc.contributor.authorHaisken-DeNew, J-
dc.contributor.authorBroadway, B-
dc.date.accessioned2019-04-13T03:40:51Zen
dc.date.accessioned2016-02-01T04:37:39Zen
dc.date.available2016-02-01T04:37:39Zen
dc.date.issued2014-12-
dc.identifier.isbnISSN 1328-4991 (Print); ISSN 1447-5863 (Online); ISBN 978-0-7340-4368-9en
dc.identifier.urihttps://hdl.handle.net/10620/18072en
dc.identifier.urihttp://hdl.handle.net/10620/4185en
dc.description.abstractWe estimate hazard rates of retirement entry as a function of the option value of work. The individuals’ expectations about the future economy are incorporated in the option value of work, through which they can impact on the timing of retirement entry. In a scenario where individuals expect a strong upturn, the annual hazard rate of retirement entry (average 8.4%) is reduced by 6.0% or half a percentage point compared to a scenario where they expect a downturn. Had individuals been able to anticipate the Global Financial Crisis, the mere expectation of this downturn would have increased retirement entries by 8.7%.en
dc.subjectAgeing -- Retirementen
dc.subjectEmployment -- Exit from employment (Retirement/Redundancy)en
dc.subjectLife Events -- Moving into retirementen
dc.titleThe Importance of Economic Expectations for Retirement Entryen
dc.typeReports and technical papersen
dc.identifier.urlhttps://melbourneinstitute.unimelb.edu.au/publications/working-papers/search/result?paper=2156519en
dc.identifier.surveyHILDAen
dc.description.institutionThe University of Melbourneen
dc.title.reportMelbourne Institute Working Paper Seriesen
dc.description.keywordsPensionsen
dc.description.keywordsExpectationsen
dc.description.keywordsRetirementen
dc.description.pages43en
local.identifier.id4721en
dc.publisher.cityMelbourneen
dc.subject.dssAgeingen
dc.subject.dssDisadvantage, adversity and resilienceen
dc.subject.dssLabour marketen
dc.subject.dssmaincategoryLife Eventsen
dc.subject.dssmaincategoryEmploymenten
dc.subject.dssmaincategoryAgeingen
dc.subject.dsssubcategoryExit from employment (Retirement/Redundancy)en
dc.subject.dsssubcategoryMoving into retirementen
dc.subject.dsssubcategoryRetirementen
dc.subject.flosseAgeingen
dc.subject.flosseAdversity and resilienceen
dc.subject.flosseDsiadvantage, adversity and resilienceen
dc.subject.flosseEmployment and unemploymenten
dc.relation.surveyHILDAen
dc.old.surveyvalueHILDAen
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.cerifentitytypePublications-
item.grantfulltextnone-
item.openairetypeReports and technical papers-
item.fulltextNo Fulltext-
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