The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime …

for employment protection, provided it is uniform across workers and not specifically higher for older workers. It …

first five waves of the Health and Retirement Study. We also provide model simulations for two widely discussed reform …

women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons …-off between later retirement versus increased work intensity, produce relevant background facts, and provide estimates of the …

are for the timing of retirement. The new pension system provides a much closer link between contributions and benefits … than the former system. I study whether the reform has led to delayed retirement by examining the retirement patterns of … retirement hazard among latter born cohorts, who were more affected by the reform. This implies that retirement is delayed. Most …

Many pay-as-you-go pension systems have increased or plan to increase their legal retirement age (LRA) to address the …

pension rights. We find that this exogenous shock to pension rights postpones expected retirement and increases participation …

retirement incentives and work incentives of prime-age workers. We find that postponed retirement tends to harm incentives of …

incentives for the continued employment of older workers. In particular, the model predicts an increase in the average retirement …In this paper we develop a life cycle model of labor supply and retirement to study the interactions between health and …