We investigate the responsiveness of individual retirement decisions to changes in financial incentives. A reform … increased women's normal retirement age (NRA) in two steps from age 62 to age 63 first and then to age 64. At the same time … retirement at the previous NRA became possible at a benefit discount. Since the reform affected specific birth cohorts we can …

relevance of the labor demand component in retirement decisions, we consider a trade liberalization between Switzerland and the … early retirement behavior in three periods (pre-liberalization, announcement, and implementation) for three groups of … retirement in MRA is not explained by more firms' exits, nor by more early retirement among the exiting firms. It is rather the …

This paper presents new evidence on the effects of retirement benefits on labor force participation decisions. The … analysis is based on a mandated rule for employer-provided retirement benefits in Austria that creates discontinuities in the … incentives for workers to delay retirement. We present graphical evidence on labor supply responses and effective financial …

mortality process. Individual agents choose their optimal retirement age, taking into account the time- and age profiles of … wages, taxes, and the public pension system. The early retirement provision in most pension systems acts as a trap, inducing … most workers to retire well before the normal retirement age. Simulations show that pension reform must be drastic for it …

The specificities of the workforce with a migrant background are often neglected in studies of retirement. Similarly …, many studies of migration¡¯s impact on pensions often focus on aggregate outcomes ¨C system sustainability or distributive … systems ¨C with a focus on retirement. The paper argues that such effects are non©\negligible and are likely to have major …

mortality process. Individual agents choose their optimal retirement age, taking into account the time - and age profiles of … wages, taxes, and the public pension system. The early retirement provision in most pension systems acts as a trap, inducing … most workers to retire well before the normal retirement age. Simulations show that pension reform must be drastic for it …

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

combine high-quality survey and administrative data. Our results suggest that partial or gradual retirement options offered by …