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Micro-Modeling of Retirement Behavior in Spain

In: Social Security Programs and Retirement around the World: Micro-Estimation

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  • Michele Boldrin
  • Sergi Jiménez-Martín
  • Franco Peracchi

Abstract

. In this work we analyze the role of financial incentives to retire on the individual propensity to retire on a sample of Spanish Working histories from the Social Security administration. The results obtained are used to simulate the impact of various reform, including the 1997 Spanish reform on the average retirement age. Comparing the results of the reforms, only is partially effective that which suggest a delay of three years in the early and normal retirement ages. The results of the 1997 are negligible.
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Suggested Citation

  • Michele Boldrin & Sergi Jiménez-Martín & Franco Peracchi, 2004. "Micro-Modeling of Retirement Behavior in Spain," NBER Chapters, in: Social Security Programs and Retirement around the World: Micro-Estimation, pages 499-578, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:10707
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    1. Michele Boldrin & Sergi Jimenez-Martin & Franco Peracchi, 1999. "Social Security and Retirement in Spain," NBER Chapters, in: Social Security and Retirement around the World, pages 305-353, National Bureau of Economic Research, Inc.
    2. Franco Peracchi, 2002. "The European Community Household Panel: A review," Empirical Economics, Springer, vol. 27(1), pages 63-90.
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