attention to their impact on retirement behavior. This is done with the help of a stylized life-cycle model, which provides a … account. We follow two steps in order to quantitatively assess the contribution of minimum pensions to early retirement … econometric estimation. We then simulated the change in the aggregate retirement distribution induced by the minimum pension …

In this paper we explore the effects of the minimum pension program on welfare and retirement in Spain. This is done … by the minimum pension in aggregate retirement patterns. The impact is substantial: there is a threefold increase in … retirement at 60 (the age of first entitlement) with respect to the economy without minimum pensions, and total early retirement …

standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the … minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …-income workers to retire as soon as they become eligible for the program, which is often earlier than the normal retirement age. …

standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the … minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …-income workers to retire as soon as they become eligible for the program, which is often earlier than the normal retirement age. …

In this paper, we analyze the sensitivity of the labor market decisions of workers close to retirement with respect to … incentives on retirement by jointly modeling the transitions between employment, unemployment and retirement, paying special … attention to the transition from unemployment to retirement (which is particularly important in Spain and other European …

standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the … minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …-income workers to retire as soon as they become eligible for the program, which is often earlier than the normal retirement age. …

In this paper we explore the effects of the minimum pension program on welfare and retirement in Spain. This is done … by the minimum pension in aggregate retirement patterns. The impact is substantial: there is threefold increase in … retirement at 60 (the age of first entitlement) with respect to the economy without minimum pensions, and total early retirement …

This paper sheds new light on the mortality effect of delaying retirement by investigating the impacts of the 1967 … Spanish pension reform. This reform exogenously changed the early retirement age, depending on the date individuals started … retirement schemes, such as partial retirement, mitigates the detrimental effect of delaying retirement on mortality. …

being used as an instrument for exiting the labor market for some individuals approaching the early retirement or those who …