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Modelling Retirement Determinants in Sweden on Qualitative Microdata

Ivarsson, Malin LU (2010) NEKM02 20101
Department of Economics
Abstract
The aim of this thesis is to investigate the determinants of the retirement decisions in Sweden by using qualitative micro data from The Survey on Health and Retirement in probit models. The models investigate the change in job status between the first survey wave in year 2004 and the second survey wave in year 2006/2007 by adding background variables measured in years 2004. The study show that despite there being a very distinct age pattern in retirement decisions in Sweden, factors like health, expected pension and gender do affect the retirement decisions as well. The main findings of the study are that women are found to retire earlier than men and expected pension has a negative effect on the probability of having retire in the... (More)
The aim of this thesis is to investigate the determinants of the retirement decisions in Sweden by using qualitative micro data from The Survey on Health and Retirement in probit models. The models investigate the change in job status between the first survey wave in year 2004 and the second survey wave in year 2006/2007 by adding background variables measured in years 2004. The study show that despite there being a very distinct age pattern in retirement decisions in Sweden, factors like health, expected pension and gender do affect the retirement decisions as well. The main findings of the study are that women are found to retire earlier than men and expected pension has a negative effect on the probability of having retire in the time-span and health has a large marginal effect of the probability retirement. The empirical results also show that a large sample is not needed to clearly see the effects of these qualitative variables. (Less)
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author
Ivarsson, Malin LU
supervisor
organization
course
NEKM02 20101
year
type
H2 - Master's Degree (Two Years)
subject
keywords
Sweden, expected pension and health, retirement determinants, Pension
language
English
id
1612388
date added to LUP
2010-06-08 10:42:59
date last changed
2010-06-08 10:42:59
@misc{1612388,
  abstract     = {The aim of this thesis is to investigate the determinants of the retirement decisions in Sweden by using qualitative micro data from The Survey on Health and Retirement in probit models. The models investigate the change in job status between the first survey wave in year 2004 and the second survey wave in year 2006/2007 by adding background variables measured in years 2004. The study show that despite there being a very distinct age pattern in retirement decisions in Sweden, factors like health, expected pension and gender do affect the retirement decisions as well. The main findings of the study are that women are found to retire earlier than men and expected pension has a negative effect on the probability of having retire in the time-span and health has a large marginal effect of the probability retirement. The empirical results also show that a large sample is not needed to clearly see the effects of these qualitative variables.},
  author       = {Ivarsson, Malin},
  keyword      = {Sweden,expected pension and health,retirement determinants,Pension},
  language     = {eng},
  note         = {Student Paper},
  title        = {Modelling Retirement Determinants in Sweden on Qualitative Microdata},
  year         = {2010},
}