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to ADRD in the Health and Retirement Study (HRS). We replicate existing relationships between genetic factors and … cognitive health. We also show that higher genetic risk is associated with worse economic outcomes on several dimensions …
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address this question, we use micro data to estimate a structural life-cycle model of individuals’ employment, retirement and … consumption decisions. We calculate that, in the case of Germany, an increase of 3.76 years in the pension age thresholds or a cut … at 3.44% of baseline consumption, and are willing to forgo 8.51% of baseline consumption to avoid the cut in per …
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This paper analyzes the reform of the pensionable age as an answer to the future financing problems of public pension systems. We use a two-staged model where, first, the government decides the redistribution level of the pension system and, secondly, individuals face a voting process on the...
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