TY  - RPRT
        AU  - Manoli, Dayanand
AU  - Mullen, Kathleen
AU  - Wagner, Mathis
        TI  - Policy Variation, Labor Supply Elasticities, and a Structural Model of Retirement
        PY  - 2014/Nov/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 8659
        UR  - https://www.iza.org/index.php/publications/dp8659
        AB  - This paper exploits a combination of policy variation from multiple pension reforms in Austria and administrative data from the Austrian Social Security Database. Using the policy changes for identification, we estimate social security wealth and accrual elasticities in individuals' retirement decisions. Next, we use these elasticities to estimate a dynamic programming model of retirement decisions. Finally, we use the estimated model to examine the labor supply and welfare consequences of potential social security reforms.
        KW  - labor supply elasticities
KW  - retirement
KW  - policy variation
        ER  -