and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account …

the normal retirement age from sixty-six to seventy-three, or 4) means-test the benefits and reduce them one-to-one with …

and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account …

We study the effects of an annuity market imperfection on individual agents' labour supply and retirement decisions and …

for consumption and the hours of time supplied to the labour market, they also choose their schooling level and retirement …

We study the effects of an annuity market imperfection on individual agents’ labour supply and retirement decisions and …

mortality process. Individual agents choose their optimal retirement age, taking into account the time- and age profiles of … wages, taxes, and the public pension system. The early retirement provision in most pension systems acts as a trap, inducing … most workers to retire well before the normal retirement age. Simulations show that pension reform must be drastic for it …