We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain … derived as changes in a composite health stock measure over time. We examine labour market exits into both old age retirement … in the case of the broad definition of retirement. Initial health stock shows a significant impact on both definitions of …

This paper investigates the effects of retirement on various health outcomes. Data stem from the first three waves of … applied to identify causal effects. It is found that retirement significantly increases the risk of being diagnosed with a …. Estimates also indicate that retirement has quite diverse effects for different individuals. …

Norway in 1992-2003. Special attention is given to early retirement pensiion and disability pension as two major exit routes … from the labour force. Health status is represented by a latent variable reflecting the eligibility for participating in … model is used to investigate the degree of potential substitution of the early retirement and retirement through the …

health and retirement estimated on the Norwegian labour market data. The paper focuses on the two main elements of the reform … drawing rules designed to eliminate the incentives distortions with respect to the time of retirement. The effects of these … the proposed pension reform succeeds in urging the older workers to postpone their retirement and induces an increase in …

early retirement incentive, a health problem, mandatory retirement, lack of control with too many job strains, or to provide … of retiring involuntarily was greater for those with poor health at retirement, the age of onset was over 55, higher … health selection into involuntary retirement depends on social location defined by age and education. Policy initiatives that …

The paper studies the impact from variations in unemployment on retirement among older workers. We integrate … unemployment variations with early retirement programs and other pathways out of the labor force. The paper describes retirement … age of retirement. Individual panel data for the last 25 years are used in estimations of the impact from individual …

address this question in the context of a recent German pension reform which raised the statutory retirement age by two years … of work ability at retirement and fundamental opposition. Our results show that expected work ability declines … situation as well as individual health and other risk factors. However, a fundamental opposition to reforms of the welfare state …

In this paper we develop a life cycle model of labor supply and retirement to study the interactions between health and …. Individuals care about their health and can partially insure against health shocks by investing in health. We use the model to … incentives for the continued employment of older workers. In particular, the model predicts an increase in the average retirement …