. 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 …

important to include a rich set of observed characteristics in an empirical model for retirement in order to measure the …

As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement … propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …: the retirement decision of unemployed workers depends on the labor-market frictions whereas that of employed workers does …

left on the labor market prior to retirement. This short horizon implies a more digressive replacement ratio. However …, there is a sufficiently short distance to retirement for which flat unemployment benefits can be the optimal contract as the … optimal contract that integrates unemployment insurance and retirement pension systems. …

-migrant. Although migrants lose their original social networks whilst overseas, savings and human capital accumulation acquired abroad … provides an opportunity for human and physical capital accumulation but, at the same time, may lead to a loss of social capital …

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 …

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 …

reduction in hours of work, before retirement, on the moment of exit from the labor force. If, as often suggested, flexibility … in hours of work is a useful measure to postpone retirement, then a reduction in working hours should be associated with … retirement at later ages. Results prove otherwise suggesting that reducing hours of work before retirement is associated with …

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 …

The paper studies the impact from variations in unemployment on retirement among older workers. We integrate … unemployment variations with early retirement programs and other pathways out of the labor force. The paper describes retirement … age of retirement. Individual panel data for the last 25 years are used in estimations of the impact from individual …