This paper studies determinants of retirement transitions of Europeans and focuses on the impact of social security systems on retirement behaviour. The analysis uses the first 8 waves (1994-2001) of the European Community Household Panel (ECHP). Based on those survey data, option values are...

This paper examines the incentive effects of market and household work on retirement. This is accomplished by documenting the time use in market and household work in selected European countries. The assignment of an economic value to household work assumes substitutability of market and...

This paper studies the determinants of the retirement transitions of Europeans and focuses on the impact of social security systems on retirement behavior. The analysis uses the first eight waves (1994-2001) of the European Community Household Panel. Based on these survey data, option values –...

This paper studies how both pension systems and well-being at work can be improved to postpone retirement in European households. Option values for retirement are constructed from a pool of four countries: Finland, Belgium, Germany and Spain, all relying on public-sector mandated pensions. The...