longer and birth rates have declined. Postponing the full retirement age (FRA), when retirees are entitled to full pension …

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 …. In addition, our analyses demonstrate that countries risk falling short of their goals given their use of projection …

hundred age brackets and we investigate how changes in the birth rates, survival rates, and the retirement age affect the …

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 …

concave redistribution may or may not be reversed. With couples only, the ranking of gender retirement ages is always reversed … singles only this implies distortions of retirement decision and restricts redistribution across genders. With couples, a … first best that implies a lower retirement age for females can be implemented by a gender-neutral system. Otherwise, gender …

idiosyncratic income, disability and longevity risk as well as endogenous labor supply at the intensive and extensive margin … classes with skill-dependent risk profiles. Starting from a baseline path that reflects a purely earnings related pension … 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 …