A structural retirement model is estimated using data for tenured, male faculty employed in the 1970's at 26 high … quality private colleges and universities. Simulations of raising and then abolishing the mandatory retirement age suggest … early retirement incentive programs would offset only a small fraction of the increase in work due to changes in mandatory …

. Conventional analyses of wage profiles pool all waqe observations without distin-guishing among individuals according to retirement …

retirement behavior and related policy analyses. Potential biases associated with conventional analyses, which either ignore the … retirement models. A more realistic but still imperfect specification, which can be estimated given available data, assumes …

This paper examines the phenomenon of partial retirement . Topics covered include: (1) the quantitative importance of … partial retirement, (2) institutional constraints in addition to mandatory retirement which limit the opportunity to retire … life cycle retirement model, (4) the impact of standard explanatory variables on four outcomes -- complete retirement …

This paper uses data from the Health and Retirement Study to estimate a structural model of household retirement and … saving. It applies that model to analyze the effects of the Great Recession on the work and retirement of older couples who … offsetting. All told, the effects of the Great Recession on retirement seem relatively modest. These findings are consistent with …

All told, the effects of the Great Recession on retirement seem relatively modest. These findings are consistent with …This paper uses data from the Health and Retirement Study to estimate a structural model of household retirement and … saving. It applies that model to analyze the effects of the Great Recession on the work and retirement of older couples who …