. Using data from the Health and Retirement Study and the Medical Expenditure Panel Survey, we estimate a dynamic programming … model of retirement that accounts for both saving and uncertain medical expenses. Importantly, we model the two key channels …

We analyze the forces that can generate retirement in different versions of standard life cycle models of labor supply …. While nonconvexities in production can generate retirement, we show that the size of nonconvexities needed increases sharply … models imply a large increase in time devoted to home production at retirement. This is contrary to what is found in the ATUS …

, responsibility, difficulty, stress, peer pressure, and relations with co-workers are related to full or partial retirement. We study … employment transitions and retirement expectations of older workers by exploiting the wealth of information about individuals … older than age 50 in the Health and Retirement Study (HRS), and characteristics of different occupations provided by the …

supply, and retirement. Unlike all previous work, our model allows both an endogenous wage process (which is typically … the model and match the life-cycle profiles of wages, hours and retirement from SIPP data. We analyze the impact of health … shocks on retirement, as well as the effect of changes in payroll taxes and increases in the Normal Retirement Age on labor …

We develop a rich model to study the complex interrelationship between health insurance and retirement decisions. The … model of optimal wealth and retirement decisions, solving the model household-by-household using data from the HRS. We use …

search behavior of households. The research finds that, even though a direct transition from a career job to full retirement …This research provides new empirical evidence on late-life labor market activities of American households from a new … survey implemented under the Vanguard Research Initiative. The survey features following innovations: It measures detailed …

Recent research has argued that incentives stemming from social security systems influence the worker’s decision to …

Retirement ages among older Americans have only recently begun to increase after their precipitous fifty-year decline …. Early retirement may result from incentives provided by retirement systems; but it may also result from the rigidities …