We study effects of financial incentives on the retirement age using stated preference data. Dutch survey respondents … were given hypothetical retirement scenarios describing age(s) of (partial and full) retirement and replacement rate(s). A … the income and substitution effects of pensions as a function of the retirement age are substantial and larger than …

retirement spells has been steadily increasing. We estimate the response of retirement timing to variations in unemployment rate …, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate … rises. Workers around normal retirement age are especially sensitive to variations in the unemployment rate. Workers who are …

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 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 …

We study the transitions from career to bridge jobs and to permanent retirement by European males aged 55 to 70 at the … States. We also show that the exogenous increases in minimum retirement age that occurred during the past twenty years have … transitions into retirement. In the South, transitions into permanent retirement have decreased, with no significant effect on …

on the job satisfaction of workers who are close to retirement. The reform implies that public sector workers born on …

pension rights. We find that this exogenous shock to pension rights postpones expected retirement and increases participation …

retirement expectations of workers nearing retirement age. The reform means that public sector workers born on January 1, 1950 or …