This paper analyzes the labor market participation behavior of the elderly couples when a new option (early retirement …

In 1989, an early retirement program (AFP) was introduced in Norway, with an eligibility age gradually decreasing from …

health status, take up of sickness benefits, retirement, the utilization of health care and social care and the dynamics of …

A structural model for retirement and employment based on a flexible, parametric utility function is developed. The … retirement has strong similarities. The utility function estimates from a model with no consumption smoothing, seem more …

In order to estimate labour supply responses among older people we have employed a very simple model of retirement …-68 in 1996. The empirical model is employed to assess the impact on retirement of moving the Norwegian pension system … towards actuarial fairness. Future annual pension benefits are increased if retirement is postponed say, for one year. In one …

negatively to large post-retirement shortfalls in consumption of the parents. This behavior holds up even after allowing for the …

negatively to large post-retirement shortfalls in consumption of the parents. This behavior holds up even after allowing for the …

How much retirement income is needed in order to maintain one’s living standard at old age? As it is difficult to find … replacement rate vis-à-vis income in the pre-retirement period. We subject indications regarding satisfaction with current income … the year of entry into retirement as a rather robust result, while replacement rates keeping the living standard unchanged …

The retirement decisions of spouses may be interdependent for various reasons: similarity of tastes, joint assets … studies exist on this topic. From a policy point of view interdependent retirement could become important if legislators in … different EC countries are forced to synchronize minimum retirement ages, which are lower now for females than males in a number …