We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in … individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is … strongly correlated with U.S. occupational retirement ages, indicating an inherent association between occupations and …

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 …

Adult education can mitigate the productivity decline in aging societies if older workers are willing to learn. We … examine a generous partial retirement reform in Germany that led to a massive increase in early retirement. Using county …

We study how social security influences the retirement behavior of couples. First, we exploit over two decades of full …-population data and a discontinuity design to document sizable retirement spillovers to spouses when individuals reach pension … joint retirement, which is driven by older spouses working longer. Accounting for these age differences reveals a strong …

retirement age (FRA) of individuals with a long contribution history by up to two years and framed the new FRA as reference age … for retirement. Using administrative data from public pension insurance accounts, we first document a substantial bunching …

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 … automation potential is low. Economic aging also impedes the creation of innovation at the technological frontier. …

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