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

endogenous retirement. Labor taxation distorts not only labor supply, but also education and retirement decisions. Actuarially … unfair pensions further exacerbate labor tax distortions on retirement. Education subsidies can nevertheless cushion the … adverse impact of taxation on skill formation. Feedbacks between education, labor supply, and retirement are important. The …

We study the effects of an annuity market imperfection on individual agents' labour supply and retirement decisions and …

In this paper, we consider how the retirement age as well as a tax financed pension system ought to respond to a change … perfect control over the individuals' labor supply and retirement-decisions, the results show that a decrease in the standard … deviation of life-length leads to an increase in the optimal retirement age and vice versa, if the preferences for 'the number …

deepening, and indirect effects, working through changes of taxes, government spending components and the retirement age in …. The closed-form solutions of the model predict taxation and the retirement age in OECD economies to increase in response … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …

address this question in the context of a recent German pension reform which raised the statutory retirement age by two years … of work ability at retirement and fundamental opposition. Our results show that expected work ability declines …

retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long …

Most industrialized countries today are facing historical demographic changes, paring increasing retirement with a … this effect by exploiting variation in the pre-determined component of retirement. We find that a 10-point increase in the …