We develop a compensating variation (CV) measure of individual welfare change from reforms of social security schemes. Within a random utility framework for modeling the individual retirement decision (e.g. the "option value" or dynamic programing models), this measure takes the individual...

We use a large panel data set (LINDA) to describe retirement behaviour in Sweden. The importance of different pathways to retirement is analysed. Survival functions for labor force participation of several groups in the labor force are estimated. We then provide a detailed analysis of economic...