This paper investigates the effects of increasing the eligibility age for public pension on workers' retirement …

Within a politico-economic model we first establish three hypotheses: (i) Retirees generally prefer a higher retirement … age than workers, whereby just retired individuals prefer the highest retirement age, (ii) in equilibrium the level of the … legal retirement age is increasing in longevity and (iii) decreasing in the public pension replacement rate. We then test …

retirement age to 65 for both genders has a strong positive effect on sustainability of the pension system and keeps the deficit …

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 …

that financial incentives for early retirement stem mainly from the Austrian tax system and not from the pension system …

financial incentives for early retirement stem mainly from the Austrian tax system and not from the pension system itself. …

hundred age brackets and we investigate how changes in the birth rates, survival rates, and the retirement age affect the …

hundred age brackets and we investigate how changes in the birth rates, survival rates, and the retirement age affect the …