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We estimate the labor force participation (LFP) response to the introduction of means-tested minimum pensions in the UK through the Old-Age Pension Act (OAP) of 1908. The OAP was a major social policy intervention and the first one to universally target older workers in a time of very limited...
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retirement. We develop an overlapping generation model in order to analyse the effects of ageing on the efficiency of retirement …
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the financial sustainability of the system and one policy which has been proposed is to increase the retirement age. There … retirement age will have significantly different effects across China's regions. Inter-regional disparities are already very … the effects of various shocks to the retirement age, the initial effects of which are changes in the labour supplied by …
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a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 … responses to becoming eligible for the early retirement scheme. Our results indicate that the probability of retiring … retiring at the same age with deductions. Second, we employ a coarsened exact matching procedure to compare retirement entry …
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