When it comes to financial preparation for retirement, self-employed workers in many European countries face unique challenges not encountered by traditional wage earners. This is particularly true for self-employed workers who do not supervise subordinate personnel. This is the case because...

Precautionary savings have often been analyzed with regard to its impact on current savings. This work focuses instead on the impact of uncertainty on savings under bequest form. We thus turn the focus on estimating whether and to what extent income variability does have an effect on post-mortem...

We study the displacement effect of mandatory occupational pension saving on private household wealth in the Netherlands, separately for wage-employed and self-employed. We use rich administrative data on (pension) wealth and income and apply a range of identification strategies, from IV...

We investigate two determinants of the price sensitivity of health plan demand: the size of the choice set and the salience of premium differences. We use variation in the choice set over time and between regions in the German Social Health Insurance (SHI), and an increase in the salience of...

One of the solutions that could be used to resource the needs of an aging population is the encouragement of individuals to extend their working lives beyond retirement, often referred to as ‘bridge’ employment. Although previous studies provide important insights on the relationship between...

Maximizing is a decision strategy that seeks the very best option, which is more elaborate and potentially more regret-inducing than choosing an option that is ‘good enough.’ In surveys with a large national sample, we find that older adults are less likely than younger adults to self-report...

This Discussion paper has been substantially revised, and is now available under the title "Why do promises affect trustworthiness, or do they?" in Experimental Economics, June 2016, Volume 19, Issue 2, pp 382–393; http://link.springer.com/article/10.1007%2Fs10683-015-9444-1 We set out to test...

We implement a two-country online choice experiment on around 2000 respondents per country, first, to investigate the formation of subjective survival expectations; and second, to evaluate the relation between subjective survival expectations and attitudes to pension regulations. Each respondent...

Purpose of the study: From a role theoretical perspective it can be expected that individuals differ in the extent to which they experience aspects of the work role after they have fully retired from it.Quantitative empirical insights regarding these postretirement “work role residuals” are...

Older job applicants are vulnerable to stereotype related bias in the recruitment process. In the current study, we examined how managers' job interview invitation decisions regarding older job applicants are influenced by applicants' human capital-related characteristics, general economic...