-calculation window, combined with the discrete change in the probability of retirement at the minimum retirement age. We find that … retirement age, reaching a 3% increase on average. This is not the case for employees of large firms, where earnings … cost of these responses between 1.9% and 2.6% of the total cost of pensions for this group …

women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons …-off between later retirement versus increased work intensity, produce relevant background facts, and provide estimates of the …

scheme. We show that when retirement decisions are endogenous, aging increases the retirement age and the steady state level … of capital. The effect on pension payouts is in general ambiguous, except for the solution of full retirement, when this …

By increasing the residual working horizon of employed individuals, pension reforms that raise minimum retirement age … are likely to affect the returns to investments in health-promoting behaviours before retirement, with consequences for … individual health. Using the exogenous variation in minimum retirement age induced by a sequence of Italian pension reforms …

Recent reforms to social security in many countries have sought to delay retirement. Given the family context in which … retirement decisions are made, social security reforms have potentially important spill-over effects on the participation of … spouses. This paper analyses the impact of women's pension incentives on the retirement decision of their husband. The 1993 …

We present quasi-experimental evidence on the effects of increasing the Early Retirement Age (ERA) on older workers …' retirement decisions. The analysis is based on social security reforms in Austria in 2000 and 2004, and administrative data …

We investigate the unemployment pathway to retirement in Germany and study the causal effects of two early retirement … reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 65. Simultaneously, it became possible to use … early retirement with benefit discounts. Reform 2 (ERA) increased the age of early retirement stepwise from 60 to 63. We …

, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the … public pension system. We calculate that, in the case of Germany, the fiscal consequences of the 6.4 year increase in age 65 … full pensionable age generates the largest responses in labor supply and retirement behavior …

This study investigates the labor force behavior of older married couples in Germany. Monthly observations from the … employed. Observed covariates including wages and retirement benefits help to explain these patterns, but unobserved …

The retirement decision is under researched in developing and emerging countries, despite the topic's close relation to … threefold increase in the legal minimum pension on labor supply and retirement behaviour at older ages. Applying difference … income effect that caused additional retirement of 30 to 47 percent. Additional evidence suggests that retirement incentives …