a model of labor supply and retirement behavior that includes a saving decision, uncertainty, and a non …

past the normal retirement age. In this paper, we consider how reforms to public pension systems affect labor supply over … main conclusion is that the labor supply of older workers is responsive to changes in retirement incentives. The labor … is likely to continue to fuel the recent trend towards later retirement. This, in turn, is likely to reduce the financial …

Using data from the Health and Retirement Survey (HRS) and Assets and Health Dynamics of the Oldest Old (AHEAD), this …

This review article examines the role of labor income risk in determining the value of a person’s human capital. We … to assess the value and risk of pension promises. Finally, we discuss how to enrich the environment with heterogeneity in … preferences and stock market exposures; endogenous labor supply and retirement decisions; health shocks; and human capital …