Accepting an Early Retirement Bonus an Empirical Study

Jeanne M. Hogarth

Journal of Human Resources, 1988, vol. 23, issue 1, 21-33

Abstract: The presence of special early retirement bonuses can change the work incentives of older workers. This study applies a pension acceptance model to acceptance of an early retirement pension bonus; probabilities of acceptance range from.18 to.33. It also simulates acceptance behavior without the bonus, with probabilities of acceptance ranging from.11 to.30.

Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:jhriss:v:23:y:1988:i:1:p:21-33

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