white-collar and blue-collar workers and early retirement policies could be designed to provide a fair and aggregate welfare … increase in replacement rates of blue-collar workers. If the statutory retirement age is sufficiently high or the life … retirement incentives …

This paper documents and analyzes an important and puzzling stylized fact about retirement behavior: the large … three statutory retirement ages, although there is often no incentive or even a disincentive to retire at these thresholds … covering the universe of German retirees, and I exploit unique variation in financial retirement incentives as well as …

This paper develops a general equilibrium life-cycle model with endogenous retirement and disability risk, in order to … analysis focus on the increase in the normal retirement age (NRA) from age 65 to 67 (Reform 2007) and the recent increase in … early retirement benefits in the future …

increasing the standard and early retirement ages in a discretionary, scheduled, or automatic way, and by making it harder for … people to retire prematurely. To this end, countries have adopted alternative retirement age strategies, but our analyses … methods that underestimate life expectancy. This paper discusses how to implement automatic indexation of the retirement age …

The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime …

Germany recent reforms that aim at raising retirement age and cutting benefit levels should be complemented by increases in …

Within a politico-economic model we first establish three hypotheses: (i) Retirees generally prefer a higher retirement … age than workers, whereby just retired individuals prefer the highest retirement age, (ii) in equilibrium the level of the … legal retirement age is increasing in longevity and (iii) decreasing in the public pension replacement rate. We then test …

The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime …

retirement incentives and work incentives of prime-age workers. We find that postponed retirement tends to harm incentives of …