We study effects of financial incentives on the retirement age using stated preference data. Dutch survey respondents … were given hypothetical retirement scenarios describing age(s) of (partial and full) retirement and replacement rate(s). A … the income and substitution effects of pensions as a function of the retirement age are substantial and larger than …

retirement spells has been steadily increasing. We estimate the response of retirement timing to variations in unemployment rate …, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate … rises. Workers around normal retirement age are especially sensitive to variations in the unemployment rate. Workers who are …

We provide an explanation for the common finding that the effect of retirement on life satisfaction is negligible. For …-Economic Panel (GSOEP) and show that the effect of voluntary retirement on satisfaction with current household income is negative … voluntary and involuntary retirement. The effect of involuntary retirement is negative because the adverse effect on …

The paper studies the impact from variations in unemployment on retirement among older workers. We integrate … unemployment variations with early retirement programs and other pathways out of the labor force. The paper describes retirement … age of retirement. Individual panel data for the last 25 years are used in estimations of the impact from individual …

We study the transitions from career to bridge jobs and to permanent retirement by European males aged 55 to 70 at the … States. We also show that the exogenous increases in minimum retirement age that occurred during the past twenty years have … had different effects in Central / Northern Europe (Austria, Switzerland, The Netherlands and Sweden) and in Mediterranean …

Structural models explaining retirement decisions of individuals or households in an intertemporal setting are … typically hard to estimate using data on actual retirement decisions, since choice sets are for a large part unobserved by the … researcher. This paper describes an experiment in which both perceived retirement opportunities and preferences for retirement …

Using data from three waves of the General Social Survey on retirement and older workers (1994, 2002 and 2007), we … document the evolution of retirement patterns over the last three decades. We combined the analysis of retirement ages of … actual retirees with data on expected retirement ages of current workers to create a longer perspective on changes in …

retirement schemes into less generous and actuarially fair capital funded schemes. The starting dates of the transitional … the policy reform on early retirement behaviour. We use a large administrative dataset, the Dutch Income Panel 1989 …-2000, to estimate hazard rate models for early retirement. We conclude that the policy reform induced workers to postpone early …