Norway in 1992-2003. Special attention is given to early retirement pensiion and disability pension as two major exit routes … model is used to investigate the degree of potential substitution of the early retirement and retirement through the … routes from the labour force. Performed policy simulation of the complete elimination of the early retirement program …

is estimated using data from the Health and Retirement Study. We compare results based on our model to results based on … the normal retirement age, eliminating early retirement altogether and eliminating the Social Security Disability …

This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … the early retirement option, the simulations indicate that a means test mitigates. - the moral hazard problem …

This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … the early retirement option, the simulations indicate that a means test mitigates the moral hazard problem substantially. …

The empirical retirement literature measures individual responses to variation in income flows due to public transfers … effects from these three sources. It is the first time that the effects of pay policies of different employers on retirement … outcomes is explicitly modelled and empirically measured.Amodel of individual retirement is set up where employers may …

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 …

This paper constructs a structural retirement model with hyperbolic preferences and uses it to estimate the effect of … substantial amounts of wealth for retirement. We find it is frequently difficult to distinguish empirically between models with … the two types of preferences on the basis of asset accumulation paths or consumption paths around the period of retirement …

retirement along with the implications for saving. Importantly, the model incorporates a government budget constraint involving a … pay-as-you-go universal pension. In addition, the model allows for a compulsory private retirement savings scheme …

Previous research has repeatedly found a puzzling one-time drop in the mean and median of consumption at retirement … distributional component to the retirement consumption puzzle. …

negatively to large post-retirement shortfalls in consumption of the parents. This behavior holds up even after allowing for the …