is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth … substitution effect of earned income is negative, thus decreasing the retirement probability. The retirement decision is strongly …

This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to … army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age … was 60 years of age. Estimating the effect of the offer on individuals' health within the age range 56-70, we find support …

in England older households actually accumulate wealth. These differences appear to be driven largely, though not … entirely, by housing wealth: During the period we consider, house price growth drove increases in housing wealth in England … that more than offset the slow drawdown of nonhousing wealth. This suggests the illiquid nature of housing is likely to be …

This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to … army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age … was 60 years of age. Estimating the effect of the offer on individuals' health within the age range 56-70, we find support …