We study how social security influences the retirement behavior of couples. First, we exploit over two decades of full …-population data and a discontinuity design to document sizable retirement spillovers to spouses when individuals reach pension … joint retirement, which is driven by older spouses working longer. Accounting for these age differences reveals a strong …

Denmark we find that those in worse health and with less schooling are more likely to receive DI. The gradient of DI … college completion. Using an option value model that accounts for different pathways to retirement, applied to a period … spanning a major pension reform, we find that pension program incentives in general are important determinants of retirement …

-based eligibility age implemented by reform that Denmark launched in 2006. Absent treatment, younger workers not only have biased …