We study causal effects of two early retirement reforms. Reform 1 (NRA) increased normal retirement age stepwise from … 60 to 63. Simultaneously, it became possible to use early retirement with benefit discounts. Reform 2 (ERA) increased the … age of early retirement stepwise from 60 to 63. We investigate behavioral responses to the reforms using administrative …

activity not only decreases the participation rate by inducing early retirement, but also badly affects the employment rate of … older workers just before early retirement age. Countries with an early retirement age at 60 also have lower employment … unemployment benefits for older workers helps explain the low rate of employment just before the early retirement age. Decreasing …

. Policymakers have attempted to ensure the sustainability of these programs in recent decades by raising retirement ages. However … consider the impact of these policies on the employment prospects of the young. …

relationships between well-being and job satisfaction on the one hand and employment status and retirement, on the other, using …. There is no well-being premium for involuntary late-life work and self-employment compared to retirement, however. Our …Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and …

We evaluate the actual effectiveness of disincentives that have been introduced for early retirement in Germany … are able to estimate the parameters of a structural dynamic retirement model. This allows us to answers the question …, whether and to what degree disincentives are able to steer retirement behavior of German pensioners. These estimates are based …

Increasing life expectancies and uncertainty about future retirement incomes are likely to lead to various changes in … uses a new source of longitudinal data on the health, labour force participation and retirement decisions of older New …