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The choice of Early Retirement Age and the Australian Superannuation System

Author

Listed:
  • Atkinson
  • Creedy, J.

Abstract

The purpose of the present paper is to extend the previous analysis to allow for the retirement age to vary between 55 and 65 years. The analysis focuses on two main questions. First, to what extent does the current system in Australia ( in its mature form) offer an incentive for individuals to retire early? Second to what extent is the decision at retirement, that is the optimal route through the 'maze', affected by the retirement age?

Suggested Citation

  • Atkinson & Creedy, J., 1996. "The choice of Early Retirement Age and the Australian Superannuation System," Department of Economics - Working Papers Series 503, The University of Melbourne.
    • Handle: RePEc:mlb:wpaper:503
    as

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    Citations

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    Cited by:

    1. Diana Warren, 2008. "Retirement Expectations and Labour Force Transitions: The Experience of the Baby Boomer Generation," Melbourne Institute Working Paper Series wp2008n24, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    2. Diana Warren & Umut Oguzoglu, 2010. "Retirement in Australia: A Closer Look at the Financial Incentives," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 43(4), pages 357-375, December.
    3. Jennifer Poehl & Bruce Cunningham, 2011. "Labour Market Engagement of Mature-Age Workers," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 14(3), pages 237-264.

    More about this item

    Keywords

    RETIREMENT; LABOUR MARKET; ECONOMIC MODELS; POPULATION; DECISION MAKING;
    All these keywords.

    JEL classification:

    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J0 - Labor and Demographic Economics - - General
    • J19 - Labor and Demographic Economics - - Demographic Economics - - - Other

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