assess the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male … of workers born in 1950 or later. At the same time, a tax-facilitated savings plan was introduced that substantially …. We show that retirement expectations are in line with realizations and that the reform had the intended effect on the …

on savings behavior, workplace injuries, and spousal retirement timing. … retirement across Canadian provinces. Using linked employer- employee tax data, we show that the bans cause large and similar … reductions in job separation rates and retirement hazards at age 65, with further reductions at higher ages. The effects vary …

future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement … age for women born after 1951 in Germany, we show evidence of a reduction in private savings rate and an increase in …

Pensions may be provided for in a modern society by a mix of several methods, namely by voluntary individual savings … workers decide on their own individual savings, that the fully-funded occupational system is decided upon by the age cohort of … pension savings are the only sources of capital supply. When capital supply equals demand from industry there is equilibrium …

retirement becomes shorter. At the median level of years to retirement, the absolute values of the elasticity of savings with …

important to include a rich set of observed characteristics in an empirical model for retirement in order to measure the … net wealth, and the initial labour market state. -- Retirement ; life cycle models ; saving …

. It is likely that the individual level of wealth will become an increasingly important factor in the retirement decision … through 2001, we analyse the impact of wealth, savings, and debt position on job exit rates. We find evidence for a positive … effect of wealth on the probability to retire (early). -- retirement ; life cycle models ; saving …

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 …

scheme. We show that when retirement decisions are endogenous, aging increases the retirement age and the steady state level … of capital. The effect on pension payouts is in general ambiguous, except for the solution of full retirement, when this …

In this paper, we exploit pension reform-induced changes in retirement eligibility requirements to assess the role of … retirement eligible have a 13 percent higher probability of being employed than those whose mothers are ineligible. The pension …