are for the timing of retirement. The new pension system provides a much closer link between contributions and benefits … than the former system. I study whether the reform has led to delayed retirement by examining the retirement patterns of … retirement hazard among latter born cohorts, who were more affected by the reform. This implies that retirement is delayed. Most …

This paper explores how extended unemployment insurance (UI) benefits targeted to older workers affect early retirement … entire early retirement system, which often includes extended UI and relaxed access to disability insurance (DI). We argue … that extended UI generates program complementarity (increased take-up of UI followed by DI and/or regular retirement …

-time retirement behaviour in Sweden. During the 1980s, older workers had the option of partial retirement with an income replacement … women chose part-time retirement after the reduction in benefit levels in 1981. There was an approximate 4 percentage point … drop in the partial retirement propensity among eligible 60-year old men, and a 5.7 percent drop among women. This …

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 …

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 …

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 …

consistent with the lower minimum age for early retirement applying to women. …

policy to allow flexible retirement options for the elderly with an aim to increase labour supply. According to our matching …

Two pension reforms in Austria increased the early retirement age from 60 to 62 for men and from 55 to 58.25 for women …. The reforms reduced early retirement by 18.9 percentage points among affected men aged 60-62 and by 22.3 percentage points … savings as they either continue to retire early via disability pensions or bridge the gap to regular retirement by drawing …