This research analyses retirement behaviour in Austria based on a combined administrative dataset. Data from the … comprehensive microsimulation model of the Austrian pension system is developed and applied to calculate retirement benefit …. Simulation of several reform scenarios shows that a stronger emphasis on financial incentives in the pension system (the …

This research analyses retirement behaviour in Austria based on a combined administrative dataset. Data from the … comprehensive microsimulation model of the Austrian pension system is developed and applied to calculate retirement benefit …. Simulation of several reform scenarios shows that a stronger emphasis on financial incentives in the pension system (the …

could be achieved if people retire from the work force later in life. Partial retirement, the option to work part-time while … drawing a pension before reaching the normal retirement age, could create the necessary conditions for reaching this goal. The … impact of partial retirement on employment will be simulated below. The results show that unrestricted access to partial …

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

to compute pension benefits. This provides dynamic incentives to report higher earnings in the final years of the career …. In this paper, we document the responses of self-employed and employed workers to these incentives, using social security …-calculation window, combined with the discrete change in the probability of retirement at the minimum retirement age. We find that …

the financial incentives to retire. In particular, we analyze the effects of the introduction of cohort …-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … document that the pension reform leads to a postponement of retirement, an increase in employment and a shifting in …