expectancies at retirement and in the length of non-contribution periods resulting, for example, from child care or care for an ill … partner. Due to survivor pensions, married insurants benefit from higher IRR as compared to the non-married. Interestingly …

deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the …

The life-cycle hypothesis implies that consumption would not decline at retirement. However, several studies found … relevant declines in food consumption after retirement for the United States. Others concluded that this contradiction of the …-section data for Germany, this paper analyzes the retirement consumption puzzle for the German case. For our broadest consumption …

Using data from the German Socio-Economic Panel Study 2002, we show that satisfaction with the German public pension … and cannot be observed in earlier years. Whereas long periods of full time employment increase satisfaction with old … parts of the population are mistrustful of a more comprehensive privatization of old-age pensions. In general, the …

, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the … full pensionable age generates the largest responses in labor supply and retirement behavior. …

jobs. Willingness to pay for non-monetary aspects of jobs (measured by job satisfaction for work "in itself") is found to …

shows a common, quite similar, age-specific pattern of life satisfaction for both Britain and Germany that can be … characterized by three age stages. In the first stage, life satisfaction declines until approximately the fifth life decade. In the …