While the health risks associated with smoking are well known, the impact on income distributions is not. This paper … extends the literature by examining the distributional effects of a behavioral choice, in this case smoking, on net marginal … NMSSTR than nonsmokers. In addition, as low-earnings workers have a higher smoking prevalence than high-earnings workers …

retirement decisions in developed countries. However, women's and couples' labour supply decisions and the patterns of withdrawal … examine how social security financial incentives and personal characteristics affects one's own and spouses' retirement … decisions. Our results suggested that couples synchronize retirement and that they respond similarly to their own …

This paper describes early retirement option programs in collective agreements in Sweden during the 1990s. We highlight … findings is that the effects of economic incentives on retirement very well might be over-estimated. …

incentives in a retirement decision are likely to be biased upward. We propose an estimation strategy where the retirement …We model retirement behavior in Sweden during the 1990ies with focus on voluntary early retirement where there is an … retirement. Earlier studies have neglected such offers, but in doing so, estimates of the individuals' responses to financial …

This paper collects and reviews information about routes to retirement and exits from the labor force by older workers … in Sweden. It gives a concise survey of rules of the major retirement schemes covering disability, sickness and … retirement, joint retirement behavior of spouses, transition path probabilities, and successive exits in terms of a reduction in …

The paper reviews large literature on retirement, keeping in mind the goal of finding a suitable model to the labour … defining retirement. The second section deals with a multitude of labour market exit channels. Specific features of modelling … old-age retirement, disability, sick leave, and unemployment of the aged are explained. The third section is concerned …

In this paper, we examine whether adult education delays retirement and increases labour force participation among the … exit from the workforce is assessed by non-parametric estimation of survival rates in the labour force. The results … indicate no effects of adult education on the timing of retirement. …

deepening, and indirect effects, working through changes of taxes, government spending components and the retirement age in …. The closed-form solutions of the model predict taxation and the retirement age in OECD economies to increase in response … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …

This paper studies the way in which labor market fluctuations affect the transition to early retirement among older … industry employment increases (decreases) the probability of early retirement. This result is driven by the public sector; in … after early retirement are higher during declining as well as expanding industry employment. The results support an …

This paper analyzes the effect of two age-targeted policy initiatives to delay retirement that were simultaneously … year of birth while the social security system is governed by age at retirement, i.e., the day of birth, in analyzing the …