supply in the Baltic countries respond to changes in minimum wages, unemployment benefits and retirement regulation? Do the …. Participation, in turn, has been shaped by sometimes complicated interaction between educational choices, retirement, policy changes … for increasing participation in each of the countries. Recent rates of transition from unemployment to employment and to …

in the participation rates and the reduction in unemployment rates, the pace of labour force and employment growth in the … population towards older, less participating groups - a consequence of the baby-boom generation approaching retirement and the …

continue to work beyond a certain age by reducing the present discounted value of future retirement benefits. In discussions on … the effectiveness of policies aimed at eliminating this age-dependency in worker retirement decisions, it is often assumed ….S. pension scheme, that discounting plays a crucial role, since the formula for the present discounted value of future retirement …

biographies through sabbaticals, smoothing into early retirement, educational leave, palliative leave, part-time jobs or temporary …

Paper presents a survey of five different approaches to retirement decision analysis. Simple life cycle labour supply … retirement decision as a static approach. Comparative static version of this model enables the determination of income, wealth … and social security on retirement decisions, but does not include neither the preference parameters of the individual or …

We examine the role of changing mortality in explaining the rise of retirement over the course of the 20th century. We … of death. In an environment in which mortality is high, an individual who saved up for retirement would face a high risk …. As mortality falls, however, it becomes optimal to plan, and save for, retirement. We simulate our model using actual …