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older men from the 1970s to the early 1990s, a trend that has only recently shown signs of being reversed. Retirement … different quot;retirementquot; experiences. At the top of the wealth distribution, early retirement has typically been …, disability benefits. Policy-makers keen to increase effective retirement ages will need to consider the very different …
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In this paper, we consider how the hours of work and retirement age ought to respond to a change in the uncertainty of … individuals' labor supply and retirement-decisions, the results show that a decrease in the standard deviation of life …-length leads to an increase in the optimal retirement age and a decrease in the hours of work per period spent working. This result …
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standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the … minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …-income workers to retire as soon as they become eligible for the program, which is often earlier than the normal retirement age. …
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