The traditional approach to flexible retirement (e.g. NDC) neglects the impact of asymmetric information on actuarial … a redistributive second-best benefit-retirement-age schedule. Trying to combine the two approaches, the present paper …

consistent with the lower minimum age for early retirement applying to women. …

In 1988, an early retirement program (AFP) was introduced in Norway for the 66-years-old. Since then, AFP has gradually …

This paper suggests that pension characteristics are simultaneously determined along with workers’ retirement ages …. Both the age of pension eligibility and actual retirement age are determined by the productivity and marginal disutility of … retirement that treat pensions as exogenous, implying that prior empirical work may have overestimated the responsiveness of …

the inflow to and the outflow from unemployment. The REBP also induced a strong increase in early retirement and in many …

Early retirement is usually explained as a supply-side phenomenon. However, early retirement can also be a demand …-side phenomenon arising from a firm's profit maximization behavior. This paper analyzes voluntary and involuntary early retirement … based on international microdata covering 19 industrialized countries. The results indicate that generous early retirement …

average retirement age. Crucial parameters for this endeavor are first the legal retirement age and secondly the early … retirement provisions inherent in the public pension system. In this paper we discuss several notions of "fairness" of early … retirement provisions in pay-as-you-go financed public pension systems and we claim that the "right" notion of fairness depends …

of leaving to early retirement. The wage is not affected. …

to its effects on employee retirement. This is in contrast to the large literature on health-insurance-induced “job … administrative data on their retirement to identify the effects of retiree health insurance. As expected, the availability of retiree …

for consumption and the hours of time supplied to the labour market, they also choose their schooling level and retirement …