Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the …

scheme contains within-cohort redistribution and induces early retirement. Such a Pareto-improving reform entails the …-neutrality that stimulates later retirement further improves such a flexibility reform. …

This study investigates whether many people fear an unexpectedshock in their financial situation around retirement and … distribution of expectations andrealizations, suggest that individuals around retirement are overly pes-simistic and attach more …

Deciding how much to save for retirement is a difficult task that includes many uncertainties. In this paper, we use … retirement savings contributions and information search processes. We combine ideas from the literature in psychology and … economics that provide opposing predictions regarding the impact of uncertainty on retirement savings contributions. Our results …

Using Italian data, we estimate an option value model to quantify the effectof financial incentives on retirement …

This paper focuses on the relation between worker's productivity and retirement decision. Assuming that productivity … worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level … of income and benefits is set to maximize lifetime utility. In such framework we find the retirement threshold of …

disparities in health by SES. In our model, lifestyle factors, working conditions, retirement, living conditions and curative care …

transfers rather than those at retirement and by looking into the interaction between entitlements and labour participation …

Previous research has repeatedly found a puzzling one-time drop in consumption at retirement at the mean or median …. This study expands upon the previous work by examining these same retirement changes across the entire consumption …