Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be … identified: old‐age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most … prominent ones. We analyze the retirement decision of Belgian workers adopting an option value framework, and pay special …

This paper studies the labor supply effects of a national delayed retirement policy introduced in 2009 in the … Netherlands. The policy offers a reduction in taxes on labor income over each year in which retirement is delayed after the age of ….5 percentage points in the three years after introduction for cohorts that were eligible before the normal retirement age. I also …

Both the impacts of financial incentives and health on transitions into retirement and inactivity by older workers have … incentives on the retirement behaviour of workers who experienced health shocks and those who remained in good health. Our … evidence suggests that the impact on retirement of forward-looking incentive measures such as the peak value is conditional on …

This paper analyzes the effect of retirement on cognitive functioning using two large scale surveys. First, a … longitudinal survey among older Americans allows controlling for individual heterogeneity and endogeneity of the retirement … decision. Second, a cross-national European survey allows identifying the causal effect of retirement on cognition by using the …

extensive and intensive labour supply responses to changes in fertility rates, and (ii) the potential of a retirement reform to … fertility decline, a retirement reform, designed to increase labour supply at the extensive margin, is found to simultaneously … reduce labour supply at the intensive margin. This backlash to retirement reform requires the statutory retirement age to …

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 …

In this chapter we discuss the literature with respect to the role of employers in retirement processes of older … insights regarding the employers' actions and attitudes toward older workers and retirement. In the next section we will … discuss empirical findings with regard to age related stereotypes in the workplace and age norms with respect to retirement …

after retirement. Bridge employment may be a forceful instrument in postponing the age at which workers finally leave the … labour market. The key to capitalizing on this resource is to understand older worker's work-retirement decisions. The … purpose of the current paper has been to examine the prevalence of paid work after retirement in the Netherlands, and to …

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