retirement spells has been steadily increasing. We estimate the response of retirement timing to variations in unemployment rate …, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate … rises. Workers around normal retirement age are especially sensitive to variations in the unemployment rate. Workers who are …

We present a theory of the relation between health and retirement that generates testable predictions regarding the … interaction of health, wealth and financial incentives in retirement decisions. The theory predicts (i) that wealthier individuals … problems make older workers more responsive to financial incentives encouraging retirement (reinforcement proposition). We test …

We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in … individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is … strongly correlated with U.S. occupational retirement ages, indicating an inherent association between occupations and …

It is a challenge for politics that an aging population leads to demands that the retirement age is increasing while … the labour market. However, the regulations have become more restrictive in the last decade and early retirement usually … leads to a lower pension. In this article, we map options for early retirement in other countries. We have found five main …

attention to their impact on retirement behavior. This is done with the help of a stylized life-cycle model, which provides a … account. We follow two steps in order to quantitatively assess the contribution of minimum pensions to early retirement … econometric estimation. We then simulated the change in the aggregate retirement distribution induced by the minimum pension …

In this paper we explore the effects of the minimum pension program on welfare and retirement in Spain. This is done … by the minimum pension in aggregate retirement patterns. The impact is substantial: there is a threefold increase in … retirement at 60 (the age of first entitlement) with respect to the economy without minimum pensions, and total early retirement …

attention to the rules of retirement in Hungary since 1990. In every pension system, there exist two rules which determine how … the lifetime contribution (which is approximately proportional to the years of contributions) and the retirement age … a mandatory life insurance and life annuity system. More generally, we speak of flexible retirement if adding a year to …