This paper analyses the determinants of the retirement decision in Germany using microdata from the German Socio … retirement. Non-parametric estimates suggest that the incentive structure generated by the different social security schemes play … a powerful role in the individual retirement decision. The semi-parametric analysis is conducted using a piece …

people who retired, Conscientiousness was lower in and after the first year of retirement versus before. No other traits … differed around the start of retirement. Conclusions: Our findings suggest that the start of working life might promote … personality maturation and that retirement might promote personality "relaxation. …