We propose a unified framework to measure the effects of different reforms of the pension system on retirement ages and … retirement decisions are explicitly modeled within a public pension system. Heterogeneity with respect to consumption preferences … behavior of households, we observe that feedback effects do occur. Results suggest that individual retirement decisions are …

Security Programs and Retirement Around the World. The project was launched in the mid 1990s and was motivated by decades of … program provisions can create powerful incentives for retirement that are strongly correlated with the labor force behavior of … participation at older ages. The first step investigated changes in health and education as potential causes and showed that they …