@article{ART001393422},
author={Kwon, Hyuk Jin and Daechul Kim},
title={Labor Incentive Effect of Criterion Change in the Earnings Test in 2006},
journal={Journal of Insurance and Finance},
issn={2384-3209},
year={2009},
volume={20},
number={3},
pages={161-199}
TY - JOUR
AU - Kwon, Hyuk Jin
AU - Daechul Kim
TI - Labor Incentive Effect of Criterion Change in the Earnings Test in 2006
JO - Journal of Insurance and Finance
PY - 2009
VL - 20
IS - 3
PB - Korea Insurance Research Institute
SP - 161
EP - 199
SN - 2384-3209
AB - This paper examines the labor force activity of workers aged 55~59 and 60~64
in response to the change of the retirement earnings test in 2006. We use the first and the second waves of Korean Retirement and Income Study that covers the period from 2 years before to 1 years after the rise of the income-threshold. Using a Difference-in-Difference method, we find that its change reduce labor supply and earnings of aged 55~59, especially female. But we can’t find the effects on aged 60~64. As a result, we recommend that the income-threshold over aged 55~59 need to be lowered in order to encourage a labor incentive and guarantee income security.
KW - difference-in-difference method;earnings test;labor-incentive;
National Pension Scheme
DO -
UR -
ER -
Kwon, Hyuk Jin and Daechul Kim. (2009). Labor Incentive Effect of Criterion Change in the Earnings Test in 2006. Journal of Insurance and Finance, 20(3), 161-199.
Kwon, Hyuk Jin and Daechul Kim. 2009, "Labor Incentive Effect of Criterion Change in the Earnings Test in 2006", Journal of Insurance and Finance, vol.20, no.3 pp.161-199.
Kwon, Hyuk Jin, Daechul Kim "Labor Incentive Effect of Criterion Change in the Earnings Test in 2006" Journal of Insurance and Finance 20.3 pp.161-199 (2009) : 161.
Kwon, Hyuk Jin, Daechul Kim. Labor Incentive Effect of Criterion Change in the Earnings Test in 2006. 2009; 20(3), 161-199.
Kwon, Hyuk Jin and Daechul Kim. "Labor Incentive Effect of Criterion Change in the Earnings Test in 2006" Journal of Insurance and Finance 20, no.3 (2009) : 161-199.
Kwon, Hyuk Jin; Daechul Kim. Labor Incentive Effect of Criterion Change in the Earnings Test in 2006. Journal of Insurance and Finance, 20(3), 161-199.
Kwon, Hyuk Jin; Daechul Kim. Labor Incentive Effect of Criterion Change in the Earnings Test in 2006. Journal of Insurance and Finance. 2009; 20(3) 161-199.
Kwon, Hyuk Jin, Daechul Kim. Labor Incentive Effect of Criterion Change in the Earnings Test in 2006. 2009; 20(3), 161-199.
Kwon, Hyuk Jin and Daechul Kim. "Labor Incentive Effect of Criterion Change in the Earnings Test in 2006" Journal of Insurance and Finance 20, no.3 (2009) : 161-199.
