scheme that transfers individual consumption from the working years to the retirement phase of the lifecycle. It discusses … postpone retirement marginally toward the end of the working life. The chapter examines additional criteria (fairness …

We study retirement incentives with augmented option value model à la Stock and Wise (1990). We propose methodological … modelling of couples' incentives leads to very different patterns of retirement incentives - particularly for women. We apply … the new indicators to data from the Survey of Health, Ageing and retirement in Europe (SHARE) in Belgium and find two key …

's retirement decision. Using administrative pension insurance records from Germany, I examine the impact of a pension subsidy …

such changes. Retirement has increasingly become a decision made jointly by a couple rather than individually by one … retirement decision despite age differences between partners. This joint determination of retirement has important implications …

The current trend towards Defined Contribution (DC) retirement systems around the world has rendered the risk … the need for more effective practices to control losses of retirement income for pension funds' investors. Although the …, which lessens the strategies' ability to control losses in retirement income. While optimal long-term portfolio selection …

of the Retirement Systems of Alabama. We find that Alabama is similarly situated relative to a number of other public …