Retirement decisions

• Authors: Ruzik-Sierdzińska Anna

Title variants

PL

Decyzje o przejściu na emeryturę

• Languages of publication: EN

Abstracts

EN

The objective of the paper is to analyse how various phenomena examined by behavioural economics can explain the labour supply of people at near-retirement age. The early retirement of some may be explained by the assumption of a hyperbolic discounting of current and future incomes, while social norms for labour force participation in old age diversify the effective age of labour market exit between countries. In terms of policies encouraging people to end their economic activity later, the framing effect on retirement decisions is important.

PL

Celem artykułu jest przeanalizowanie, jak różne zjawiska badane przez ekonomię behawioralną mogą tłumaczyć podaż pracy osób w wieku okołoemerytalnym. Założenie o hiperbolicznym dyskontowaniu obecnych i przyszłych dochodów może wyjaśniać dość szybkie przechodzenie niektórych osób na emeryturę, zaś normy społeczne dotyczące aktywności zawodowej w starszym wieku różnicują między krajami efektywny wiek odejścia z rynku pracy. Z punktu widzenia polityki zachęcającej ludzi do coraz późniejszego kończenia aktywności zawodowej istotny jest wpływ efektu sformułowania (ang. framig effect) na decyzje emerytalne.

Keywords

EN

hyperbolic discounting; framing effect; retirement; old-age pension; social norms; retirement age

PL

dyskontowanie hiperboliczne; efekt sformułowania; emerytura; normy społeczne; wiek emerytalny

• Publisher: Zakład Ubezpieczeń Społecznych
• Journal: Ubezpieczenia Społeczne. Teoria i praktyka
• Year: 2019
• Issue: 3/2019
• Pages: 67-78

Dates

published

2020-02-14

Contributors

author

Ruzik-Sierdzińska Anna

• Szkoła Główna Handlowa

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Identifiers

ISSN

1731-0725