This paper examines retirement and related behavioral responses to policies that on average are actuarially neutral …. Many conventional models predict that actuarially neutral policies will not affect retirement behavior. In contrast, our … rewards does not balance the loss from foregone current benefits. Using data from the Health and Retirement Study, we find …

Retirement Around the World. This project, which compares the experiences of a dozen developed countries, was launched in the mid … project document that social security program provisions can create powerful incentives for retirement that are strongly … affect retirement, whether there is a link between older employment and youth unemployment, and whether older individuals are …

the fact that the state retirement pension does not become available to men until age 65, half of men aged 60-64 were … economically inactive in the mid 1990s. The main element of the state retirement pension is flat rate, and for most people is … earned as a result of extra contribu- tions. Overall the state retirement pension system offers no incentives for people to …

This study examines the impact of social security on the retirement of married men aged 60-70 years. The empirical … retiring) denoted SSW. This variable measures social security's effect on retirement. The estimated effects are significant and … considerable. When SSW in-creases from $35,000 to $55,000 the probability of retirement rises by .15 for 62-64 year olds relative …

A structural retirement model is estimated using data for tenured, male faculty employed in the 1970's at 26 high … quality private colleges and universities. Simulations of raising and then abolishing the mandatory retirement age suggest … early retirement incentive programs would offset only a small fraction of the increase in work due to changes in mandatory …

the financial solvency of social security systems around the world. Ironically, the provisions of the systems themselves … programs often provide generous retirement benefits at young ages. Also, the provisions of these programs often imply large … financial penalties on earnings beyond the social security early retirement age.Furthermore, in many countries disability and …

Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …

childhood environment and early retirement by analyzing the retirement behavior of cohorts born during World War I, a period of … the one hand and old-age labor force participation or early retirement on the other hand. We explore how both are linked … harsh living conditions among the civilian population in Germany. Our data show higher early retirement rates among those …

Improved understanding of retirement behavior is a key to better understanding of many important economic problems. In … the period we study the retirement patterns of a cohort of white males: 28% on average between 1970 and 1972, with the … of most active retirement behavior (ages 58-67) over a period of abrupt change in the economic incentives surrounding …

model of retirement and wealth. The model is then used to simulate the effects of abolishing the remainder of the Social … Security earnings test, between age 62 and the full retirement age. Estimates are based on data for married men from the first … six waves of the Health and Retirement Study. From age 62 through the full retirement age, the earnings test reduces the …