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Institutional uncertainty and retirement decisions in Poland

Author

Listed:
  • Grzegorz Kula

    (Faculty of Economic Sciences, University of Warsaw)

  • Anna Ruzik-Sierdzińska

    (Warsaw School of Economics, Department of Economics I)

Abstract

The paper analyzes the factors influencing situation and retirement decisions of different cohorts in Poland in years 1995-2007. We checked if changes in economic activity at the later stage of professional life can be observed via changes in the social security legislation and their consequences for different cohorts. Separate pseudo-panel models were estimated for men and women based on the annual Household Budget Survey datasets. The results show that apart from variables usually identified in the literature that have a significant impact on retirement decisions, institutional changes are also significant in case of Poland. Especially regulations concerning access to pre-retirement allowances and benefits turned out to be significant, as well as changes in possibility to combine work and receiving pension.

Suggested Citation

  • Grzegorz Kula & Anna Ruzik-Sierdzińska, 2011. "Institutional uncertainty and retirement decisions in Poland," Working Papers 2011-17, Faculty of Economic Sciences, University of Warsaw.
    • Handle: RePEc:war:wpaper:2011-17
    as

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    File URL: http://www.wne.uw.edu.pl/inf/wyd/WP/WNE_WP57.pdf
    File Function: First version, 2011
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    References listed on IDEAS

    as
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    Cited by:

    1. Ewa Galecka-Burdziak & Marek Góra, 2017. "“How do unemployed workers behave prior to retirement? A multi-state multiple-spell approach”," CeRP Working Papers 170, Center for Research on Pensions and Welfare Policies, Turin (Italy).

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    More about this item

    Keywords

    retirement; labour supply; pseudo-panels;
    All these keywords.

    JEL classification:

    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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