In 1982, the French socialist government lead by Pierre Mauroy reduced the legal age of retirement for both men and … the Thomas Act that introduced retirement savings plan, but the law was never enforced because of the political change in …

retirement for French private sector workers. Using the last French survey on households' wealth (2003-2004), we first study the …

in the birth rate. Optimal pension and retirement age policies have been characterized in a dynamic framework. We have … considered a mixed pension scheme that is fully funded, but offers agents an actuarially fair choice on their retirement age. We …

The French pattern of early transitions out of employment is basically explained by the low age at “normal” retirement … and by the importance of transitions through unemployment insurance and early-retirement schemes before access to normal … retirement. These routes have exempted French workers from massively relying on disability motives for early exits, contrarily to …

-free. Second, the short job duration before retirement implies that the budgetary return and search incentives associated with the …. Finally, even in the special case where search intensity is zero close to retirement, perfect risk-sharing across unemployment … and retirement is welfare-improving thanks to the pension tax …

the retirement decision in an economy with risky lifetime, and compare the laissez-faire with egalitarian social optima … retirement age, unlike the ex ante egalitarian optimum. This result is robust to the introduction of unequal life expectancies … and unequal productivities. Hence, the postponement of the retirement age can, quite surprisingly, be defended on …

work relative to retirement. We here use two European panel datasets to first show that psychological well-being (measured …