substitution effects into unemployment, partial retirement, disability pension, or inactivity. Eligibility for the pension for …Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in … particularly negatively affected by the abolition of early retirement options. To measure differences in labor market reactions of …

This paper quantifies the effect of a policy-induced sharp increase in retirement ages on input mix and economic … total labor costs at constant labor productivity and unit labor costs. The findings suggest rising institutional retirement …

Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …

containing all males and females born in Sweden between 1927 and 1950 and observe their retirement behavior during 1991-2012. The … effect towards later retirement through lower replacement levels, it also implied a lower price on leaving the labor market … measured by Social Security Wealth, defined at each hypothetical retirement age, and a variable measuring the implicit tax …

all retirement income is in the form of SS benefits; (4) the existence of an early retirement provision, which attracts no … actuarial penalty, greatly distorts choices in favor of early retirement. This paper addresses the above issue by first … accrual rate (i.e. the percentage change in Social Security Wealth) from postponing retirement and the implicit tax …

employers encouraged their employees to use the bridge options unemployment or partial retirement instead of the early …This paper shows that increasing the normal retirement age and introducing pension deductions for retirement before … normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that …

Among numerous retirement schemes in France, the Social Security general regime" covers all wage earners from the … but with a downward adjustment of benefits. Our computations show that early" retirement adjustment rules give strong … change in the retirement age induced by the 1983 reform …

effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …

close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …