the collective approach for household behaviour and the discrete hours choice framework with fixed costs of work. We …

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 …

This paper investigates the impact of financial incentives on early retirement behaviour for high and low wage earners … over birth cohorts of workers who are eligible to a transitional early retirement scheme. Second, we employ a regression … wage earners will experience a stronger incentive to continue working in an optimal early retirement scheme …

. Financial incentives, either in terms of changing pension income or the price of leisure, also affect the expected retirement … 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 …

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 …

Large variations in retirement wealth are common, with some households accumulating hundreds of thousands of dollars … about retirement preparation. We find that people who rely on a rule of thumb indeed behave like literal planners …

Private wealth holdings are likely to become an increasingly important determinant in the job exit decision of elderly … important to include a rich set of observed characteristics in an empirical model for retirement in order to measure the … that measures 'shocks', like shocks to the household's financial situation during the previous year. Results show an upward …

We present new evidence on financial literacy and retirement preparation in the Netherlands based on two surveys … 2005 to 2010, significantly more individuals planned for their retirement in 2010. At the same time, employees …' expectations about the level of their pension income are high compared to what retirement plans may realistically provide. However …

finds that it is preferable to let people make their retirement decision after rather than before the uncertainty is lifted …This paper explores the effect of letting individuals choose their retirement age in a world of uncertainty where there …