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The financing problems beleaguering the public pension system have again shifted the spotlight onto the retirement age …. This paper examines the impact of various reform options on the actual retirement choices of older workers. The paper …'. Our simulations show that the early-retirement pension adjustment factors introduced by the 1992 pension reform will, in …
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pensions, and Social Security profiles available at alternative retirement ages. Then we examine four specific changes in the … structure of Social Security benefits: raising the normal retirement age, delaying the cost-of-living adjustment, lowering early … retirement benefits, and increasing late retirement payments. Behavioral parameters are estimated using an ordered logit model of …
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normal retirement age (NRA) from 60 years to 65 years for private-sector male employees. The analysis, based on a difference …
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We study the transitions from career to gradual and permanent retirement by a sample of (Continental) European males … the cross country and time variation in employment protection legislation and minimum retirement age to study whether … policies that have increased minimum retirement age and reduced the strictness of employment protection legislation have raised …
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