wealth. This pattern is consistent across multiple retirement age thresholds and cohorts, including both individuals who have …

fact that raising the retirement age is overdue in Belarus to address demographic challenges, it may have a negative impact … on the quality of life of people close to retirement age as well as a poorer GDP effect within current conditions on the …

reforms for a fixed retirement age distribution. The behavioral effect accounts for the endogenous change caused by changes in …

Retirement Age (FRA). Sharp discontinuities generated by the reform reveal that raising the FRA while imposing small early … claiming penalties significantly delays pension claiming and retirement, but imposing large penalties and holding the FRA fixed …

We propose a unified framework to measure the effects of different reforms of the pension system on retirement ages and … retirement decisions are explicitly modeled within a public pension system. Heterogeneity with respect to consumption preferences … behavior of households, we observe that feedback effects do occur. Results suggest that individual retirement decisions are …

A problem that faces many countries including the United States is how to finance retirement consumption as the … population ages. Proposals for switching to a saving-for-retirement system that does not rely on high payroll taxes have been … transition path from the current U.S. system to a saving-for-retirement system that increases the welfare of all current and …