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leading researchers takes an eclectic view of the subject. Among the broad topics discussed are work and retirement behavior …, disability, and their relationship to the structure of retirement and disability policies. While choices about when to retire are … made by individuals, these decisions are influenced by a set of incentives, including retirement benefits and health care …
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employed. Observed covariates including wages and retirement benefits help to explain these patterns, but unobserved …
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accumulated for retirement. This paper addresses three important adjustments channels to dampen these detrimental effects of … ageing: investing abroad, endogenous human capital formation and increasing the retirement age. Although non of these … retirement age has strong effects. Under these adjustments maximum welfare losses of demographic change for households alive in …
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