We show how the age profile of earnings, retirement rules and retirement behavior are tightly linked through the … paper theoretically rationalizes the links between retirement rules and the wage structures over the life cycle and uses … data on European countries to show how social security taxes, the age profile of earnings, and retirement behavior are …

This paper investigates the fiscal pressure from demographic change in relation to the labour marketspace for fifty … started using their space in anticipation to higher demographic pressure is rejected. Raising the retirement age in developed … economies by five years alleviates the pressure by almost 30% and creates 10% more labour market space. …

fact that raising the retirement age is overdue in Belarus to address demographic challenges, it may have a negative impact … on the quality of life of people close to retirement age as well as a poorer GDP effect within current conditions on the …

finances. We analyse four policy options: lowering pension benefits, increasing labour market participation of the native … these economies, it turns out that adjusting their labour market participation is easier than for their neighbouring … economies within the EU. Increasing labour market participation to 60% keeps several countries largely out of the woods. …

contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three …-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and …

This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …

We propose a unified framework to measure the effects of different reforms of the pension system on retirement ages and … retirement decisions are explicitly modeled within a public pension system. Heterogeneity with respect to consumption preferences … behavior of households, we observe that feedback effects do occur. Results suggest that individual retirement decisions are …

A problem that faces many countries including the United States is how to finance retirement consumption as the … population ages. Proposals for switching to a saving-for-retirement system that does not rely on high payroll taxes have been … transition path from the current U.S. system to a saving-for-retirement system that increases the welfare of all current and …

How do demographic factors influence retirement? Using a large cross-country data set, I show that in countries with a … larger share of elderly in their population the length of retirement is longer. This result holds true if I control for … retirement age. Retirement policies and the social security size are strictly related: a new variable, representing the aggregate …