just those at the point of retirement, this approach can provide additional insights on the efficacy of pension systems in … individuals above the 60% relative poverty threshold throughout retirement. Our simulations suggest that the gradual negative … lengthening of the time spent in receipt of retirement benefits. The consumption smoothing function of state pensions has declined …

at older ages. I assess my conjecture quantitatively with a life cycle general equilibrium model of retirement. At ages …

observations suggest that they might be an important contributing factor in accounting for differences in retirement. I assess … quantitatively the importance of these features using a life cycle general equilibrium model of retirement. I find that the … important contributing factors to account for the differences in retirement. …

equilibrium model of retirement. I find that the differences in social security can indeed account for the differences in …

older ages. This conjecture is assessed quantitatively with a life cycle general equilibrium model of retirement. At ages 60 …

DURING THE PAST half century, retirement income security in the United States has been based on a combination of social … security, employer sponsored pensions, and households’ own saving. Social security was intended to provide a retirement income … base. Pensions generated additional retirement income. Households’ own saving supplemented these sources. In many ways this …

hypothetical cases. By focusing on all prospective pension transfers rather than just those at the point of retirement, this …

away from individual retirement accounts (IRAs). Although the idea is provocative, we conclude that the notion of “moving …

transfers rather than those at retirement and by looking into the interaction between entitlements and labour participation …