-monetary unemployment scarring for people who were unemployed for the first time in their life directly prior to retirement, but not for …Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons … (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as …

employers encouraged their employees to use the bridge options unemployment or partial retirement instead of the early …This paper shows that increasing the normal retirement age and introducing pension deductions for retirement before … normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that …

economic theory of individual utility. -- life satisfaction ; retirement ; unemployment ; identity ; social norm … retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long …

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 …