social security is decided upon by the median voter. For a given demography and interest rate the joint result of those … interest rate. In this paper we assume a demography with hundred age brackets and we investigate how changes in the birth and … security in particular is determined by the demography and cannot be used as long-term political instrument. We find that this …

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. …

We analyse the effects of retirement of one partner on home production by both partners in a couple. Using longitudinal … data from Germany on couples, we control for fixed household specific effects to address the concern that retirement … own retirement significantly increases the amounts of home production. There are negative cross-effects of retirement on …

effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …

choice to a work-retirement decision model and show that the optimal provision of choice is positively related to the degree …