Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and … relationships between well-being and job satisfaction on the one hand and employment status and retirement, on the other, using …. There is no well-being premium for involuntary late-life work and self-employment compared to retirement, however. Our …

is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … substitution effect of earned income is negative, thus decreasing the retirement probability. The retirement decision is strongly … state persistent for up to three years after the initial retirement decision and the state persistence of retirement is …