How much retirement income is needed in order to maintain one's living standard at old age? As it is difficult to find … replacement rate vis-à-vis income in the pre-retirement period. We subject indications regarding satisfaction with current income … the year of entry into retirement as a rather robust result, while replacement rates keeping the living standard unchanged …

until 2050. To quantify the effects on pensions, taxes and social contributions, we use an overlapping generations model … with five margins of labor supply: labor market participation, hours worked, job search, retirement, and on … retirement age to 68 years, may limit the tax increases to 4 percentage points of value added tax and reduce the decline of per …

We study the influence of family members, neighbors and coworkers on retirement behavior. To estimate causal retirement …' retirement ages, and we use administrative data on the full Dutch population. We find large spillovers in couples, primarily due … to women reacting to their husband's retirement choices. Consistent with homophily in social interactions, the influence …

The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime … age workers. This paper investigates the impact of four often proposed policy measures for sustainable pensions …

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

The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime … age workers. This paper investigates the impact of four often proposed policy measures for sustainable pensions …

application to reference dependence exhibited in German workers’ retirement decisions. Both simulation and sufficient statistics … results suggest positive welfare effects of increasing the Normal Retirement Age, but ambiguous effects of financial … incentives to postpone retirement. Finally, we study how adopting alternative models of reference dependent preferences modifies …