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 …

pension contributions and expected standard of living in retirement, using microdata from the German Panel on Household … have lower (higher) expected standards of living in retirement, due to the uncertainty regarding intrahousehold resource … sharing. The empirical results suggest that household bargaining is significantly correlated with individual retirement …

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

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

How to invest and decumulate wealth during retirement has far-reaching consequences for consumption during retirement … investigate the choice between phased withdrawal plans with varying riskiness resulting in volatile retirement income. We find … that 40% of the participants choose some risk and thus, accept fluctuations in retirement income. Second, we analyze the …

This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort … conclusions. We provide evidence that the increase in the retirement age negatively affects health outcomes as the prevalence of …