incentives matter for the retirement behavior of the self-employed. We also provide evidence of the self-employed not wanting to … retire as early as possible, and contrast these expectation data with realized retirement transitions. The overall picture …

. Institutions often hamper employment past the ‘standard retirement age’. Moreover, the hiring rates of older workers are low and …Flexible retirement - that is the opportunity to choose one’s own personal retirement age - serves as a hedge against … pension risk and provides insurance to workers facing health or productivity shocks. Flexible retirement and flexible pension …

partial retirement at various ages in the Netherlands and the United States. Two in five prefer partial retirement over early … of older people for a rich set of retirement trajectories charactersized by early or delayed full retirement as well as … or delayed abrupt full retirement. This suggests that partial retirement can substantially increase the utility derived …

In 2007 Germany has introduced a pension reform which increases the normal retirement age from currently age 65 to 67 … effective retirement age by about one year and redistribute towards future cohorts. However, it hardly reduces old-age poverty … since rich people are more flexible in adjusting retirement. Overall, the efficiency gains of the reform are very modest …

Policy makers have often argued that an additional benefit of facilitating early retirement is that it creates … employment for the young. This may happen if older and younger workers are substitutes. Nowadays policy makers’ goals are to … discourage early retirement to counter the economic consequences of an aging population and, interestingly, the consequences for …

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

Using data from a stated preferences experiment in the Netherlands, we find that replacing fulltime pension schemes … with schemes that offer gradual retirement opportunities induce workers to retire one year later on average. Total life …-time labour supply, however, decreases with 3.4 months because the positive effect of delayed retirement on labour supply is …

In this study we gauge the impact of social interactions on individual retirement preferences. A survey including self …-assessments and vignette questions shows that individual preferences are affected by preferences and actual retirement behavior of the … social environment. Retirement from paid work depends on the retirement age of relatives, friends, colleagues and …

We show how the age profile of earnings, retirement rules and retirement behavior are tightly linked through the … paper theoretically rationalizes the links between retirement rules and the wage structures over the life cycle and uses … data on European countries to show how social security taxes, the age profile of earnings, and retirement behavior are …

-standard employment into account, by relating the empirical model more explicitly to optional value model theory on retirement decisions …-time employment is negatively related to labor market withdrawal of older men. This relationship is less strong among women …. Additionally, we find that part-time employment at older ages does not decrease the average actual hours worked. Furthermore, the …