programs often provide generous retirement benefits at young ages. Also, the provisions of these programs often imply large … financial penalties on earnings beyond the social security early retirement age.Furthermore, in many countries disability and … unemployment programs effectively provide early retirement benefits before the official social security early retirement age. We …

indicate that pensionable age is a determinant of cross-country differences in employment rate in the near-retirement age group … differences in economic activity of people at near-retirement age. Design/methodology/approach: The empirical study uses …, and less a factor differentiating average effective retirement age. It turns out that other factors matter, including …

programs often provide generous retirement benefits at young ages. Also, the provisions of these programs often imply large … financial penalties on earnings beyond the social security early retirement age.Furthermore, in many countries disability and … unemployment programs effectively provide early retirement benefits before the official social security early retirement age. We …

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 …

How do demographic factors influence retirement? Using a large cross-country data set, I show that in countries with a … larger share of elderly in their population the length of retirement is longer. This result holds true if I control for … retirement age. Retirement policies and the social security size are strictly related: a new variable, representing the aggregate …