during the last two decades, by discouraging early retirement and increasing incentives to work for older workers. Senior … reaction to retirement incentives set by governments. This paper highlights how disutility to work can merely influence the … reactions to retirement incentives depend on the distribution of labor relations at country level. They use panel data for …

analytically characterize Pareto efficient policies when the main tension is between redistribution and provision of incentives …: while it may be more efficient to have highly productive individuals work more and retire older, earlier retirement may be … needed to give them incentives to fully realize their productivity while they work. We show that, under plausible conditions …

to compute pension benefits. This provides dynamic incentives to report higher earnings in the final years of the career …. In this paper, we document the responses of self-employed and employed workers to these incentives, using social security …-calculation window, combined with the discrete change in the probability of retirement at the minimum retirement age. We find that …

interaction of health, wealth and financial incentives in retirement decisions. The theory predicts (i) that wealthier individuals … problems make older workers more responsive to financial incentives encouraging retirement (reinforcement proposition). We test … health events, proxied by unanticipated hospitalizations, to information on retirement decisions and actual incentives from …

interaction of health, wealth and financial incentives in retirement decisions. The theory predicts (i) that wealthier individuals … problems make older workers more responsive to financial incentives encouraging retirement (reinforcement proposition). We test … health events, proxied by unanticipated hospitalizations, to information on retirement decisions and actual incentives from …

The paper asks why retirement can be so abrupt in countries such as France (½% of the workforce over 65), yet staged in … little allowance for fair pension increases if retirement is deferred. While these laws have begun to change, we find another …

the financial incentives to retire. In particular, we analyze the effects of the introduction of cohort …-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … document that the pension reform leads to a postponement of retirement, an increase in employment and a shifting in …

separation rate in the system. A multinomial logit model of the retirement decision as a function of pension incentives, employee …Employers have been launching phased retirement programs to help workers navigate the transition from work to … retirement more effectively. This paper examines the experience of the phased retirement system for tenured faculty in the …