of leaving to early retirement. The wage is not affected. …

examine a generous partial retirement reform in Germany that led to a massive increase in early retirement. Using county …

identify non-employment-related scarring by examining the transition of unemployed people to retirement as a life event after …-monetary unemployment scarring for people who were unemployed for the first time in their life directly prior to retirement, but not for …

agenda. Due to endogenous human capital depreciation the effective retirement age is often below statutory retirement age … retirement. However, well designed education programs will keep more workers in highly productive activities at the end of their …

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 …

We find that segments of society who have shorter life expectancy can expect a lower retirement income and lifetime … utility due to the longevity of other groups participating in the same pension scheme. Linking retirement age to average life … these effects. We calibrate the model based on data on differences in life expectancy of men and women and find that males …

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 …

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 …

observed trend towards early retirement. In a world of laissez-faire or of first-best efficiency, there would be no such … variables are not observable, the optimal policy does imply a distortion of the retirement decision. Consequently, the … inducement of early retirement may be part of the optimal tax-transfer policy. We consider a model in which individuals differ in …