Using a novel dataset from the 2006 Portuguese Labour Force Survey this paper examines the impact of a voluntary reduction in hours of work, before retirement, on the moment of exit from the labour force. If, as often suggested, flexibility in hours of work is a useful measure to postpone...

This paper assesses the impact of financial incentives on working after retirement. The empirical analysis is based on a large administrative individual career data set that includes information about 2% of all German employees subject to social security or in marginal employment until age 67...

Using high-frequency Italian administrative data, the author studies the heterogeneous effects of a reform raising the normal retirement age (NRA) from 60 years to 65 years for private-sector male employees. The analysis, based on a difference-in-differences (DD) method, shows that the NRA raise...

Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and underemployment, aging populations, and unsustainable public pension systems in welfare states around the world. We examine the relationships between well-being and job satisfaction on...

This paper investigates the role of productivity as a determinant of the worker's retirement intentions. Using an overlapping generation framework, we analyze the retirement decision of a cohort of workers being ability heterogeneous. The labor market is endogenously segmented between workers...

Our paper analyses the observed and desired labour supply by older workers and (recent) retirees in a country (Italy) with limited opportunities for flexible work schedules. To this purpose, we use a dataset drawn from the Bank of Italy’s Survey on Household Income and Wealth providing...

Im Jahr 1999 wurde die sogenannte „Altersrente für Frauen“ für die Jahrgänge ab 1952 abgeschafft. Dadurch erhöhte sich das frühestmögliche Renteneintrittsalter für viele Frauen schlagartig von 60 auf 63 Jahre. In der vorliegenden Studie werden anhand von Daten der deutschen...

Die „Rente mit 67“ ist ein zentraler rentenpolitischer Baustein zur Bewältigung der Folgen des demografischen Wandels. Sie sieht vor, dass das Regelrenteneintrittsalter zwischen 2012 und 2031 von 65 auf 67 Jahre steigt. Allerdings geht diese Strategie nur dann auf, wenn es den Menschen...

The Danish labor market follows the trend in other countries of increasing labor force participation in the 60+ group. In Denmark, this increase has - until now - been most pronounced among 60-64-year-olds and among women. Increasing labor force participation is related to both a decline in the...

In order to face the aging of their populations governments of developed countries reformed their retirement systems during the last two decades, by discouraging early retirement and increasing incentives to work for older workers. Senior participation rates to the labor force not only differ...