This paper constructs a structural retirement model with hyperbolic preferences and uses it to estimate the effect of … substantial amounts of wealth for retirement. We find it is frequently difficult to distinguish empirically between models with … the two types of preferences on the basis of asset accumulation paths or consumption paths around the period of retirement …

This paper examines the impact of old-age pension systems and other social transfer programmes on the retirement … countries over 1969-1999 or shorter periods in some cases) of retirement incentives embedded in those schemes is constructed for … dimensions of retirement incentives such as the pension accrual rate but also, to a lesser extent, the availability and …

standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the … minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …-income workers to retire as soon as they become eligible for the program, which is often earlier than the normal retirement age. …

, secondly, individuals face a voting process on the legal retirement age. The results suggest that governments attempting to … postpone the legal retirement age should increase the degree of intra-generational redistribution of the pension system in … some degree of redistribution to that aim. -- legal retirement age ; voting process ; degree of redistribution …

public pensions. This paper studies the determinants of two forms of accessing retirement in Spain, either partial or full … retirement. Our goal is to identify if social security legislation influences the choice between these two alternative paths … individual retirement decisions. Besides, partial retirement legislation modifies the selection of retirement routes and affects …

that encourage early retirement, such as exceptional entitlements or looser criteria for unemployment and disability …

way in which governments support people during their retirement. This is measured by the effect on net replacement rates …