address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment …, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the …

Do people form correct expectations about the impact of retirement on their health? This paper looks at unexpected … health shocks that hit people after they retire. Using data from the Household, Income and Labour Dynamics in Australia … survey (waves 2001-2014), we construct measures of unexpected health shocks for each year, using information on respondents …

status and health. We also contribute by comparing effects on different diagnoses for which disability pension was granted … largely driven by health problems severe enough to merit hospitalization, and there is no evidence of a role played by …

relationships between well-being and job satisfaction on the one hand and employment status and retirement, on the other, using …. There is no well-being premium for involuntary late-life work and self-employment compared to retirement, however. Our …

Previous research finds a systematic fall in consumption at retirement, even when these retirements are expected, which … find, however, that consumption falls for workers who retire when expected although the estimated impact is 50 percent …