In 1988, an early retirement program (AFP) was introduced in Norway for the 66-years-old. Since then, AFP has gradually …

In 1988, an early retirement program (AFP) was introduced in Norway for the 66-year-olds. Since then, AFP has gradually …

What is the optimal retirement age? This paper looks at the optimal retirement age from various perspectives. Most of … the current pension laws relating to retirement age were codified decades ago, and they have become badly out of date … retirement decisions. This paper provides some background about demography, health, and retirement; summarizes how current …

Using Italian data, we estimate an option value model to quantify the effectof financial incentives on retirement …

effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …

We present quasi-experimental evidence on the effects of increasing the Early Retirement Age (ERA) on older workers …' retirement decisions. The analysis is based on social security reforms in Austria in 2000 and 2004, and administrative data …

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

retirement spells has been steadily increasing. We estimate the response of retirement timing to variations in unemployment rate …, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate … rises. Workers around normal retirement age are especially sensitive to variations in the unemployment rate. Workers who are …