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This paper documents and analyzes an important and puzzling stylized fact about retirement behavior: the large … concentration of job exits at specific ages. In Germany, almost 30% of workers retire precisely in the month when they reach one of … three statutory retirement ages, although there is often no incentive or even a disincentive to retire at these thresholds …
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We use nationally representative panel data from Australia to consider the impact of retirement on individual locus of … causality via cohort-specific eligibility age for the Australian Age Pension. We show that retirement leads to increased … effects of retirement on health and subjective well-being, respectively. The impact of retirement on control beliefs varies …
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