We study retirement incentives with augmented option value model à la Stock and Wise (1990). We propose methodological … modelling of couples' incentives leads to very different patterns of retirement incentives - particularly for women. We apply … the new indicators to data from the Survey of Health, Ageing and retirement in Europe (SHARE) in Belgium and find two key …

contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three …-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and …

reforms for a fixed retirement age distribution. The behavioral effect accounts for the endogenous change caused by changes in …

This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …

We study the effects of public pension systems on the retirement timing of older workers and, in turn, the health … consequences of delaying retirement by those workers. Causal inference relies on a social security reform in Israel that shifted …

Retirement Age (FRA). Sharp discontinuities generated by the reform reveal that raising the FRA while imposing small early … claiming penalties significantly delays pension claiming and retirement, but imposing large penalties and holding the FRA fixed …

-calculation window, combined with the discrete change in the probability of retirement at the minimum retirement age. We find that … retirement age, reaching a 3% increase on average. This is not the case for employees of large firms, where earnings …