This paper investigates the consequences of pension reform for life-cycle unemployment and retirement. We find that (i … retirement and boosts efficiency; and (iv) extending the calculation period favors employment of young workers, might possibly … lead to more unemployment among older ones, encourages postponed retirement and most likely yields positive welfare gains …

Retirement Around the World. The first phase described the retirement Incentives inherent in plan provisions and documented the …

We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by … the retirement age fosters economic growth. How economic growth changes in response to rising life expectancy depends on … the retirement response. Employing numerical analysis we find that the requirement for experiencing a growth stimulus from …

We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by … the retirement age fosters economic growth. How economic growth changes in response to rising life expectancy depends on … the retirement response. Employing numerical analysis we find that the requirement for experiencing a growth stimulus from …

Security Programs and Retirement Around the World. The project was launched in the mid 1990s and was motivated by decades of … program provisions can create powerful incentives for retirement that are strongly correlated with the labor force behavior of … reforms of retirement incentives and employ micro-econometric methods in order to study whether the correlation between …

We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in … individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is … strongly correlated with U.S. occupational retirement ages, indicating an inherent association between occupations and …

As the baby boom generation enters retirement, a long-forecast funding crisis of the Social Security system is about to … States. We consider three reforms: increase in the retirement age, adoption of a chained Consumer Price Index, and adjustment … lessons for future reforms of the U.S. retirement system …

assessment of the status quo prior to the spread of the coronavirus, evaluates how retirement systems are faring in the wake of … the shock. Next we examine insurance and financial market products that may render retirement systems more resilient for …