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Social insurance for the elderly is judged responsible for the widely observed trend towards early retirement. In a … distortion on the retirement decision. The main point we make is that while there is no doubt that retirement systems induce an … excessive bias towards early retirement in many countries, a complete elimination of this bias (i.e. a switch to an actuarially …
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individuals in some countries relying on disability insurance until they are able to enter into full retirement. The sixth stage …, and considers the requirements of disability insurance programs, as well as other pathways to retirement …
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Retirement around the World examines one explanation: social security programs actually provide incentives for early retirement … participation patterns, in Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Spain, Sweden, the United Kingdom, and … the United States. "This book is highly recommended for the serious student of retirement age trends and social security …
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on national budgets will increase substantially. In Social Security Programs and Retirement around the World, Jonathan … Gruber, David A. Wise, and experts in many countries examine the consequences of reforming retirement benefits in a dozen …. Simulating the Response to Reform of Canada's Income Security Programs -- 3. Fiscal Implications of Reforms in Retirement Systems …
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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 …
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