Bonsang, Eric; Klein, Tobias J. - In: Journal of Economic Behavior & Organization 83 (2012) 3, pp. 311-329
effect of retirement on various well-being measures available in the German Socio-Economic Panel (GSOEP) are compatible with … satisfaction with household income decreases. The life cycle model also predicts that involuntary retirement is likely to have …. We find that indeed, involuntary retirement results in an overall negative effect that can partly be explained by a …