We use data from the Panel Study of Income Dynamics and the German Socio-economic Panel to calculate comparable measures of intergenerational correlations of earnings, hours, and education in the United States and in Germany. Our results indicate that there is remarkable similarity across the...

In this paper we argue that mandatory retirement is only one aspect of a much broader system that influences an individual's retirement decision. We look at responses over time to variations in mandatory retirement rules faced by a sample of private-sector workers aged 62-64 in 1973. This is...

Traditional empirical models of retirement which use a self-assessed health measure have often found that the wage rate has a surprisingly small effect on retirement. Using both a self-reported health measure and one not based on self-report (subsequent mortality experience) in a more general...

Using data from the 1978 Survey of Disability and Work and the 1992 Health and Retirement Study, we test the importance of accommodation and other policy variables on the timing of application for Social Security Disability Insurance benefits following the onset of a work-limiting condition. We...

This study focuses on factors related to an older worker's decision to accept a pension and on how this influences subsequent market work. A life-cycle model is used which emphasizes the asset nature of the pension decision and in particular includes changes in potential earnings streams due to...