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 …

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 …

Individuals' planned retirement age is affected by a trade-off between financial costs (a feasibility oriented … consideration) and the number of years in retirement (a desirability oriented consideration). Previous research shows that construal … level induced global mindset on planned retirement age. The reason is that as individuals' chronic temporal distance to …

societies. In the light of policies aimed at postponing retirement ages, an important question is whether retirement has an … the change in cognitive functioning. As retirement and cognitive functioning may be endogenously related, we use … unexpected early retirement window o ers to instrument for retirement behavior. These offers are legally required to be unrelated …

unequivocally proven. Retirement is associated with a large change in a person’s daily routine and environment. In this paper, we … propose two mechanisms how retirement may lead to cognitive decline. For many people retirement leads to a less stimulating … daily environment. In addition, the prospect of retirement reduces the incentive to engage in mentally stimulating …

eleven European countries. We use data from the Survey of Health, Ageing and Retirement in Europe on self …

This paper uses longitudinal test data to analyze the relation between retirement and cognitive development … appears to be persistent 6 years after retirement. Both effects of retirement on cognitive development are comparable to the … effect of a five to six-year age difference. We show that the effects of retirement on cognitive decline cannot be explained …

Objectives: The life course perspective suggests that the retirement process cannot be understood thoroughly without … paying attention to distal life experiences. In empirical studies on predictors of retirement, however, mid-life experiences … often have remained implicit or have been neglected. This study aims to improve our understanding of retirement, by studying …