deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the …

This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort … conclusions. We provide evidence that the increase in the retirement age negatively affects health outcomes as the prevalence of …

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 …

close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …

close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …

Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in … particularly negatively affected by the abolition of early retirement options. To measure differences in labor market reactions of … increased the early retirement age for women from 60 to 63 years. Based on a large administrative dataset, we use a regression …

The life-cycle hypothesis implies that consumption would not decline at retirement. However, several studies found … relevant declines in food consumption after retirement for the United States. Others concluded that this contradiction of the … for Germany, this paper analyzes the retirement consumption puzzle for the German case. For our broadest consumption …

We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions … such as those around retirement should not affect consumption. However, we first recall that given higher leisure … endowments after retirement, the theory does predict a fall of total market consumption expenditures. In order not to mistake …

pension contributions and expected standard of living in retirement, using microdata from the German Panel on Household … have lower (higher) expected standards of living in retirement, due to the uncertainty regarding intrahousehold resource … sharing. The empirical results suggest that household bargaining is significantly correlated with individual retirement …