how these interact is of key importance in order to generate efficient retirement portfolios. Additionally, there is … their assets inside and outside tax-qualified retirement plans, their mortality assumptions, and their accrued Social …

As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement … propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …: the retirement decision of unemployed workers depends on the labor-market frictions whereas that of employed workers does …

Using data from the Health and Retirement Study, we estimate reduced form retirement and wealth equations. The … retirement equation relates the probability of retiring to the quot;premium valuequot;, a forward looking measure of the future … simple models suggest that if the social security early retirement age were to be raised, more people would retire earlier …

return on risky investments. The model also incorporates endogenous retirement and a realistic social security system … of an aging population (extending the age of retirement or cutting social security benefits) have similar magnitudes and …

As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement … propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …: the retirement decision of unemployed workers depends on the labor-market frictions whereas that of employed workers does …

analyze the implications of late full retirement and partial retirement for the occupational and state pension entitlements … underlying parameters of the pension system and on worker characteristics. In the partial retirement scenarios these changes are …In this paper we use the actual rules and formulas of an occupational pension fund, the state pension fund and the tax …

out of unemployment because they become eligible to receive pension benefits. We use a unique dataset covering the … time period 1996-2015. We examine the transition from unemployment to retirement as a multi-year process. We analyse … to receive pension benefits leads individuals 'wait' to fulfil these eligibility criteria …

When the challenges of population aging are being debated, the uncertain future of pension systems is a topic of high … pension systems and population aging which defines the fundamental accounting restrictions which population aging imposes on … individual behavior and policy actions. We also provide a brief survey of pension systems in the real world. We then take a …

While the effect of social security systems on retirement decisions has received much attention, the impact of these … investment and retirement decisions in a simple analytical life-cycle model with full certainty and investigate how different … contributions and benefits increase human capital investment and postpone retirement. …

This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …