This research analyses retirement behaviour in Austria based on a combined administrative dataset. Data from the … comprehensive microsimulation model of the Austrian pension system is developed and applied to calculate retirement benefit …

possibility of delayed retirement ages. However, the postponement of retirement may not be universally feasible, since not all … workers may be willing and able to continue working past the standard retirement age, due to health status and other factors …. We model this uncertain retirement problem in an overlapping generations general equilibrium framework with flexible …

proposed model is that it will generate equal durations with positive probability. The motivating example is retirement … retirement time depends on the retirement time of the spouse. Moreover, the data suggest that the wife and the husband retire at … in retirement to depend on the retirement status of the spouse. The econometric model is then completed by assuming that …

What is the optimal retirement age? This paper looks at the optimal retirement age from various perspectives. Most of … the current pension laws relating to retirement age were codified decades ago, and they have become badly out of date … retirement decisions. This paper provides some background about demography, health, and retirement; summarizes how current …

This paper studies how both pension systems and well-being at work can be improved to postpone retirement in European … households. Option values for retirement are constructed from a pool of four countries: Finland, Belgium, Germany and Spain, all …

willing to take some risk, investments in the stock market could increase their economic preparation for retirement, and …, indeed, economic theory as well as the typical advice of financial advisors calls for stock market investments. Yet, the rate … of stock holding is much below what theory suggests it should be, undoing any benefit associated with the greater control …

, contribution or asset allocation resulting from reduced access to 401(k) balances, retirement balances from 401(k) plans, and IRA …

A central question for pension design is how benefits should vary with the age of retirement beyond early eligibility … age. It is often argued that in order to be neutral with respect to individual retirement decisions benefits should be … actuarially fair, that is, the present value of additional contributions and benefits ("Delayed Retirement Credit" - DRC) due to …