This paper studies how both pension systems and well-being at work can be improved to postpone retirement in European households. Option values for retirement are constructed from a pool of four countries: Finland, Belgium, Germany and Spain, all relying on public-sector mandated pensions. The...

This study examines time use and the incentives to retire that include both the value of paid and domestic work. This is accomplished by documenting the time used in unpaid household work in a group of EU countries. An economic value is assigned to this time, which is then used to calculate the...