retirement as an absorbing state, that we calibrate to match the observed patterns. Our finding is that the dynamics of relative … into retirement. In contrast, differences in layoff rates and job offer arrival rates cannot explain these patterns. Our … results support the idea that retirement incentives, more than weak labor demand, are responsible for the low employment rates …

We study the relationship between job quality and retirement using panel data for European countries (SHARE). While … previous studies looked at the impact of bad working conditions on retirement intentions, we can use the panel dimension to … study actual retirement as well as other pathways out of a job. As indicators for job quality we use three different …

policy to allow flexible retirement options for the elderly with an aim to increase labour supply. According to our matching …. Furthermore, the programme seems to reduce the measured unemployment risk. However, the total number of hours worked is …