English version of this paper can be found at 'http://ssrn.com/abstract=2435295' http://ssrn.com/abstract=2435295Dutch Abstract: de combinatie van weg en dijk bespaart kosten, en genereert tegelijkertijd nieuwe bronnen van inkomsten. Als gevolg hoeft de functie van waterkering geen extra risico...

We study the causal relation between private wealth and retirement age. We propose two estimation strategies based on expected retirement age. The outcome variable is observed repeatedly over time. We correct first for the unobserved heterogeneity in the disutility of work by using panel data...