is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … substitution effect of earned income is negative, thus decreasing the retirement probability. The retirement decision is strongly … state persistent for up to three years after the initial retirement decision and the state persistence of retirement is …

future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement …

In this study we gauge the impact of social interactions on individual retirement preferences. A survey including self …-assessments and vignette questions shows that individual preferences are affected by preferences and actual retirement behavior of the … social environment. Retirement from paid work depends on the retirement age of relatives, friends, colleagues and …

Policy makers have often argued that an additional benefit of facilitating early retirement is that it creates … employment for the young. This may happen if older and younger workers are substitutes. Nowadays policy makers’ goals are to … discourage early retirement to counter the economic consequences of an aging population and, interestingly, the consequences for …

Policy makers have often argued that an additional benefit of facilitating early retirement is that it creates … employment for the young. This may happen if older and younger workers are substitutes. Nowadays policy makers' goals are to … discourage early retirement to counter the economic consequences of an aging population and, interestingly, the consequences for …

compares the social security and retirement experience in twelve developed countries. Both men and women are remaining longer … retirement incentives of social security programs, and the emergence of women in the workplace. The editors and contributors …

groups, i.e. people in the first half of the 60s of which many are eligible for early retirement programs and people older … than 65 mostly eligible for social security retirement programs. For these two age groups the actual development in labor … analyzed based on available micro data. Policy reforms and changes in the retirement area have been enacted since the mid-1990s …

In several OECD countries age-targeted wage subsidies have been introduced to increase the employment of older workers … on the employment rate, working time and hourly wage. We estimate these effects by integrating Inverse Probability … small positive short-run impacts on working time and larger ones on the employment rate, but only for employees at high risk …

retirement incentives. Using matched pension system and establishment survey data, we estimate changes in part-time employment … of employment by 1.8 years. As the policy evolved to include an abrupt retirement option, the worklife gain for men fell … and retirement after ATZ. We find the policy induced growth in part-time work for men and extended men's expected duration …

incentives to the worker in the light of generous early retirement opportunities. The sociological literature on the other hand … decrease of the incentives to retire early, e.g. by a raise in the average effective retirement age, need not necessarily harm …