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 …

. Average savings increase|especially for the financially less literate. We conclude that simplification of pension information … can potentially reduce disparities in pension planning and savings behavior. …

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 …

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 …

We estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor …

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 …

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

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