retirement before the termination of the contract. When retirement is an event which occurs exogenously and information is … workers who will retire early (the 'bad' workers) from applying for these jobs. Secondly, we endogenize the retirement … the 'bad' workers. These asymmetries in the information lead to an excess of retirement compared to the full information …

We provide an explanation for the common finding that the effect of retirement on life satisfaction is negligible. For …-Economic Panel (GSOEP) and show that the effect of voluntary retirement on satisfaction with current household income is negative … voluntary and involuntary retirement. The effect of involuntary retirement is negative because the adverse effect on …

The European Employment Strategy has set the goal of raising the retirement age of workers in the EU through a strategy … supranational policy initiatives and national politico-economic factors in shaping the transition from work to retirement in EU … the approach of firms and workers to early retirement. Policy changes influence actors' behavior in the medium run and …

Is there evidence that households adjust their asset portfolios just prior to retirement in response to a means …

We use a US Social Security reform as a quasi-experiment to provide evidence on framing effects in retirement behavior …. The reform increased the full retirement age (FRA) from 65 to 66 in two month increments per year of birth for cohorts … with the FRA. Results on self-reported retirement and exit from employment are less clear-cut, but go in the same direction …

context of work and retirement patterns in Indonesia, Korea, the United States, and the United Kingdom. As is common in many … developing countries, China can be characterized as having two retirement systems: a formal system, under which urban employees … receive generous pensions and face mandatory retirement by age 60, and an informal system, under which rural residents and …

Using data from three waves of the General Social Survey on retirement and older workers (1994, 2002 and 2007), we … document the evolution of retirement patterns over the last three decades. We combined the analysis of retirement ages of … actual retirees with data on expected retirement ages of current workers to create a longer perspective on changes in …

This paper estimates a structured life cycle model of family retirement decision using a unique historical dataset back … simulated from Living in Ireland survey. Our model takes the advantages of the dataset and models retirement decisions in terms … incorporate complimentary leisure, which allows us to analyse the interactions of spouses' retirement timing. This methodology …

Retirement behaviours and elderly poverty issues have been the subject of much attention and discussion in recent years … European countries, but is also struggling with increasing fiscal pressures. This paper analyses the retirement pattern and the … associated with the replacement rates and retirement behaviours, and explores the heterogeneities of replacement rates among …

This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers …. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 … empirical analysis suggest that this policy change reduced retirement by 19 percentage points among affected men and by 25 …