Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the … spouse, disability, and a move to a nursing home, may affect the mental health status of the individual. For example, the … behaviour, health status, and major life events, over time. To deal with endogenous aspects of these events we apply fixed …

The retirement decisions of spouses may be interdependent for various reasons: similarity of tastes, joint assets … studies exist on this topic. From a policy point of view interdependent retirement could become important if legislators in … different EC countries are forced to synchronize minimum retirement ages, which are lower now for females than males in a number …

on the key distinction between those in forced early retirement and those who retire early by individual choice. We start … by estimating a retirement probit model for older workers in Belgium. Based on these estimates, we then perform micro … respect to the time of retirement. We explore two scenarios, one where the entire population is subjected to the actuarial …

Private pension provision faces the challenging task of providing stable income streams during retirement. The … illiquid capital, complementing public retirement provision, reducing the interest-rate sensitivity of pensions and smoothing …

This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers …. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 … empirical analysis suggest that this policy change reduced retirement by 19 percentage points among affected men and by 25 …

payment is controlled for. Our evidence suggests that increasing the retirement age does not necessarily produce individuals …