We study retirement incentives with augmented option value model à la Stock and Wise (1990). We propose methodological … modelling of couples' incentives leads to very different patterns of retirement incentives - particularly for women. We apply … the new indicators to data from the Survey of Health, Ageing and retirement in Europe (SHARE) in Belgium and find two key …

Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be … identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most … prominent ones. We analyze the retirement decision of Belgian workers adopting an option value framework, and pay special …

security systems on retirement behavior. In addition to measures of financial incentives induced by the social security systems … early retirement schemes. We find that financial incentives do not have a lot of explanatory power for the probability to … retire. In contrast, being eligible for early retirement substantially increases the chances for an individual to exit the …

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 …

's retirement decision. Using administrative pension insurance records from Germany, I examine the impact of a pension subsidy …

Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be … identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most … prominent ones. We analyze the retirement decision of Belgian workers adopting an option value framework, and pay special …

Pension reforms that raise minimum retirement age increase the pool of senior individuals aged 50+ who are not eligible … estimate the effects of local changes in the supply of workers aged between 50 and minimum retirement age on youth, prime age …