employed. Observed covariates including wages and retirement benefits help to explain these patterns, but unobserved …

, there is a sufficiently short distance to retirement for which flat unemployment benefits can be the optimal contract as the … optimal contract that integrates unemployment insurance and retirement pension systems. …This paper shows that optimal unemployment insurance contracts are age-dependent. Older workers have only a few years …

propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement …: the retirement decision of unemployed workers depends on the labor-market frictions whereas that of employed workers does …

of the marginal actuarially fair incentives in case of postponed retirement. Social Security then faces a tradeoff … between giving enough incentives to make individuals actually delay retirement and giving little increase in pensions in order …. Furthermore, we analyze the interactions between wealth and retirement behavior. …

into account distortions related to unemployment benefits and bargaining power shows the robustness of this result, in …

, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the … full pensionable age generates the largest responses in labor supply and retirement behavior. …

, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the … full pensionable age generates the largest responses in labor supply and retirement behavior. …

In 2007, Germany decided to progressively raise the retirement age from 65 to 67 in light of the increasing life … expectancy. As per the reform, the retirement age began increasing in 2012 and will reach 67 by 2031. The primary objective was …-year shift in the official retirement age leads to people working an average of one, 1.4, and 1.8 years longer, respectively …

This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort … conclusions. We provide evidence that the increase in the retirement age negatively affects health outcomes as the prevalence of …

This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort … conclusions. We provide evidence that the increase in the retirement age negatively affects health outcomes as the prevalence of …