How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide … evidence that this is not due to a crowding-out of other forms of savings. We also show that labor earnings, i.e. the most …

during retirement. However, there is no consensus on the answer to the underlying question about what this standard should be … Netherlands. Key findings include the following. Adequate levels of retirement spending exceed 80 percent of working life spending … ; retirement saving ; cross-country survey studies …

why people borrow so much and why they wait so long to save for retirement. We reach a different set of conclusions. We … may borrow far less and start saving for retirement significantly earlier than exponential discounters. …

the retirement income is deemed sufficient and the pension plan avails withdrawal of benefits. We provide evidence using … findings suggest that affordability is a key determinant in the retirement decisions. The higher the accumulated pension …

cycle labor supply, retirement timing, and savings. I develop a structural model in continuous time where the life-cycle of … for consumption/savings, labor supply/leisure, and retirement timing are then obtained by solving the model as a salvage … a representative agent is divided into three distinct phases: pre-treatment, post-treatment, and retirement. Solutions …

Pensions may be provided for in a modern society by a mix of several methods, namely by voluntary individual savings … workers decide on their own individual savings, that the fully-funded occupational system is decided upon by the age cohort of … pension savings are the only sources of capital supply. When capital supply equals demand from industry there is equilibrium …

While the effect of social security systems on retirement decisions has received much attention, the impact of these … investment and retirement decisions in a simple analytical life-cycle model with full certainty and investigate how different … contributions and benefits increase human capital investment and postpone retirement. …

1993 and 1994. The husband is eligible for early retirement while the wife is not. The models aim at explaining labor … supply behavior of married couples the first twelve months after the husband became eligible for early retirement. Estimates …

and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account …