Consumption expenditure declines sharply at the time of retirement for many households, but the majority maintain a … smooth consumption path. A simple life cycle model with uncertainty about the time of retirement can account for this pattern …. A richer version of the model is calibrated to data from the Health and Retirement Study. The median change in …

This paper sheds new light on the mortality effect of delaying retirement by investigating the impacts of the 1967 … Spanish pension reform. This reform exogenously changed the early retirement age, depending on the date individuals started … retirement schemes, such as partial retirement, mitigates the detrimental effect of delaying retirement on mortality …

highest rates of many health conditions for which marijuana may be an effective treatment. We use the Health and Retirement …

disparate effects by age. We find that those approaching retirement age (aged 55 to 64) experienced reduced life … approaching retirement age, but not of younger working-age adults, is closely correlated with wealth indices (e.g., the Case …

' retirement behavior. Our data contain both comprehensive information regarding perceived job disamenities, job satisfaction, and … intentions to retire from nationally representative cross-sectional surveys and information on employees' actual retirement … in turn is related to actual retirement during the follow-up period …

The few studies that have attempted to identify the causal effects of retirement on mental health and well-being have … provided conflicting evidence. Hence, whether retirement affects mental health positively or negatively is still unclear. Our … primary objective is to investigate the impact of retirement on mental health as measured by the 20-item Center for …

Retirement policies are individually designed but the majority of people of retirement age live as couples. We estimate …'s unobserved heterogeneity. We conclude that the reform immediately reduced both spouses' retirement probability. The wife …'s retirement probability also drops by 1 to 4 percentage points if the husband is hit by the reform, and vice-versa. Instrumenting …

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 …

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 …

from 1983 to 2016. The probability of work at or near the minimum wage increases substantially near retirement, and …. Consistent with increased earnings and delayed retirement, higher minimum wages decrease the number of Social Security … beneficiaries and amount of benefits disbursed. The minimum wage appears to increase financial resources for workers near retirement …