statistics analysis. Section 3 evaluates the effects on the equilibrium retirement age, section 4 modifies the benefits formula … to depend on retirement age and section 5 examines the wealth-income ratio effect. Section 6 introduces the …

Study of Income Dynamics, we follow a cohort of white married males through their sixties to estimate a model of retirement … behavior. Using several definitions of retirement suggested in the literature, the results suggest that the two key policy … influence on retirement decisions. For example, our results suggest that a decrease in the implicit tax rate on earnings from …

Retirement Around the World. This project, which compares the experiences of a dozen developed countries, was launched in the mid … project document that social security program provisions can create powerful incentives for retirement that are strongly … affect retirement, whether there is a link between older employment and youth unemployment, and whether older individuals are …

Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …

between social security provisions and retirement. The project relies on the work of a large group of economists in 12 … countries who conduct the analysis for each of their countries. The first phase described the retirement incentives inherent in … eligibility ages by three years. Another illustrative reform reduces actuarially benefits received before the normal retirement …

This paper estimates a structural model of family retirement using U.S. data from the Health and Retirement Study (HRS … descriptions. We find that a measure of how much each spouse values being able to spend time in retirement with the other accounts … for a good portion of the apparent interdependence of the retirement decisions of husbands and wives. When we include this …

A critical question for Social Security policy is how program incentives affect retirement behavior. We use the wealth … of new data available through the Health and Retirement Survey (HRS) to examine the impact of Social Security incentives … on male retirement. We implement forward-looking models of retirement whereby individuals consider not just the …