retirement behavior as low-skilled Germans. The results are consistent with low-skilled workers in Germany being frozen in a …

employed. Observed covariates including wages and retirement benefits help to explain these patterns, but unobserved …

This paper documents and analyzes an important and puzzling stylized fact about retirement behavior: the large … three statutory retirement ages, although there is often no incentive or even a disincentive to retire at these thresholds … covering the universe of German retirees, and I exploit unique variation in financial retirement incentives as well as …

We use nationally representative panel data from Australia to consider the impact of retirement on individual locus of … causality via cohort-specific eligibility age for the Australian Age Pension. We show that retirement leads to increased … effects of retirement on health and subjective well-being, respectively. The impact of retirement on control beliefs varies …

Germany recent reforms that aim at raising retirement age and cutting benefit levels should be complemented by increases in … ; tax-benefit linkage ; endogenous retirement ; population ageing …

will boost retirement savings without interfering with individuals’ freedom of choice. …

duration until retirement entry and (ii) on the duration until exit from gainful employment. I estimate discrete time duration … identified. The permanent reduction of retirement benefit amounts causes a postponement of retirement entry by about fifteen … months and a delay of employment exit by about nine months on average. -- retirement insurance ; labor force participation …

Though never stated explicitly, there is a hidden hypothesis that in a normal pension system, the retirement age and …

I estimate the effect of additional pension benefits on women's retirement decisions by examining a German pension …

In a large online experiment, we relate the retirement timing decision to the disparity between the willingness … order to delay retirement is elicited. Our results reveal that the framing of the decision problem strongly influences … participants' reservation price for early retirement. The willingness-to-accept for early retirement is more than twice as high as …