How to invest and decumulate wealth during retirement has far-reaching consequences for consumption during retirement … investigate the choice between phased withdrawal plans with varying riskiness resulting in volatile retirement income. We find … that 40% of the participants choose some risk and thus, accept fluctuations in retirement income. Second, we analyze the …

, profits, survival rate, growth, and their probability of receiving Venture Capital (VC) financing while taking into account … by a prospect of higher long-term performance conditional on survival. BDA-adopting start-ups perform better than …

effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …

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 …

insurance and find that, on average, the negative employment effect of pension wealth is significant and economically important … close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …

insurance and find that, on average, the negative employment effect of pension wealth is significant and economically important … close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …

risk. This paper focuses on the transmission of sovereign risk to insurance companies as some of the largest institutional … investors in the sovereign bond market. We use a firm level panel dataset that covers large insurance companies, banks and non … reflected in current insurance regulation (incl. upcoming Solvency II in Europe). …