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 …

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 …

This paper considers the work to "retirement" transitions of the rural elders in China who reside in seven regions with …

In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send … expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement …

Transitioning into retirement is an under-researched phenomenon in developing countries. Largely, this is linked to a … conditions on retirement, it induces a pure income effect on employment. Using data from the China Health and Retirement … retirement among the rural elderly by around 15%. …

This study explored the psychological mechanisms that underlie the retirement planning and saving tendencies of Dutch … analysis models to identify the mechanisms that underlie perceived financial preparedness for retirement. Findings revealed … psychological and retirement planning constructs, but also in the robustness of the path models. These findings suggest that policy …

and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account …