Early retirement as a privilege for the rich? A comparative analysis of Germany and Switzerland
Détails
Télécharger: Kuhn_2020_early_retirement.pdf (1510.17 [Ko])
Etat: Public
Version: Final published version
Licence: CC BY-NC-ND 4.0
Etat: Public
Version: Final published version
Licence: CC BY-NC-ND 4.0
ID Serval
serval:BIB_B708DE1702BF
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Institution
Titre
Early retirement as a privilege for the rich? A comparative analysis of Germany and Switzerland
Périodique
Advances in Life Course Research
ISSN
1040-2608
Statut éditorial
Publié
Date de publication
11/2020
Pages
100392
Langue
anglais
Résumé
This contribution analyses early retirement in Germany and Switzerland with a focus on financial resources. Using data from CH-SILC linked to administrative records and the German SOEP, we distinguish three different financial resources, namely pre-retirement labour income, net worth and pension entitlements. A high labour income reduces the probability for early retirement. In contrast, high pension entitlements are associated with early retirement. Private wealth does also play an important role for early retirement, but differs with regard to the relevance of the asset components between the two countries. Although the pension system moderates the influence of financial resources on retirement behaviour, the direction of the effects is consistent across countries once pension entitlements are accounted for.
Mots-clé
Early retirement, Pension entitlements, Net worth, Income, SOEP, CH-SILC
Open Access
Oui
Financement(s)
Fonds national suisse
Création de la notice
19/01/2021 17:14
Dernière modification de la notice
20/01/2021 7:10