close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …

-temporal labour supply, (iii) the optimal share of wealth to invest in a risky asset, and (iv) the optimal retirement age. The wage of … after retirement he received a utility that is proportional to the remaining human capital. Finally, a numerical simulation …

program in the region that provides monetary incentives to talented teachers with an additional bonus if they work in …

market activity. Despite there being limited financial incentives to retire at the state pension age, we find large effects …