In this study, I investigate the effect of partial retirement at the firm level on older workers' labor participation. Thereby, I contribute to the controversial debate about the effects of partial retirement. Using detailed administrative employer-employee data from Germany, I exploit the...

We investigate whether a cut in unemployment benefit payout periods affected older workers' labor market transitions. We apply rich administrative data and exploit a difference-in-differences approach. We compare the reference group of 40-44 year olds with constant benefit payout periods to...

We study causal effects of two early retirement reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 63. Simultaneously, it became possible to use early retirement with benefit discounts. Reform 2 (ERA) increased the age of early retirement stepwise from 60 to 63. We...

This book investigates several important issues in the economics of aging, including the accumulation of wealth and the relationship between health and financial prosperity.Examining the changes in savings behavior and investment priorities in the United States over the past few decades,...

Social Security Programs and Retirement around the World represents the second stage of an ongoing research project studying the relationship between social security and labor. In the first volume, Jonathan Gruber and David A. Wise revealed enormous disincentives to continued work at older ages...

The future of Social Security is troubled, both in the United States and in most other developed countries with aging populations. As improvements in health care and changes in life styles enable retirees to live longer than ever before, the stress on national budgets will increase...

Introduction / Courtney Coile, Kevin Milligan, and David A. Wise -- Work capacity and longer working lives in Belgium / Alain Jousten and Mathieu Lefebvre -- Health capacity to work at older ages: evidence from Canada / Kevin Milligan and Tammy Schirle -- Health capacity to work at older ages in...