We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain … retirement. Unlike previous literature, we find that (i) financial incentives, when measured adequately, exert a greater impact … in determining retirement decisions. We also perform simulations of a recently enacted reform of pension incentives and …

. Financial incentives, either in terms of changing pension income or the price of leisure, also affect the expected retirement … age, but the impact of these financial incentives does not differ with the possibility of gradual retirement. Finally, we …

constitutes an incentive for people to retire. We show that there are almost no financial incentives within the Austrian pension … that financial incentives for early retirement stem mainly from the Austrian tax system and not from the pension system …

different payoff schemes that introduce variation in financial incentives. Testing ceteris paribus conditions of the financial … incentives. Subjects who are explicitly informed about the expected pension wealth respond more strongly to financial incentives …

. Simulation of several reform scenarios shows that a stronger emphasis on financial incentives in the pension system (the …

to compute pension benefits. This provides dynamic incentives to report higher earnings in the final years of the career …. In this paper, we document the responses of self-employed and employed workers to these incentives, using social security …

the financial incentives to retire. In particular, we analyze the effects of the introduction of cohort …