The paper asks why retirement can be so abrupt in countries such as France (1/2% of the workforce over 65), yet staged … make little allowance for fair pension increases if retirement is deferred. While these laws have begun to change, we find …

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 …

Phased retirement has been discussed as a means for increasing labour supply for people of older active age. The idea … is that instead of leaving a full-time job early for full-time retirement, an employee should reduce the working time …

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 …

Despite the increased frequency of job loss for older workers in Europe, little is known on its effect on the work-retirement … transitions into re-employment and retirement. The findings suggest that in countries with institutional provisions for older … unemployed which offer a pathway to early retirement such as, Germany and Spain, older displaced workers exhibit lower re …

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 …

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 …