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Western societies. Starting with cohort 1937, Germany introduced permanent pension deductions for early retirement. This paper …
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and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account …
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Using Italian data, we estimate an option value model to quantify the effectof financial incentives on retirement …
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This paper develops a structural dynamic retirement model to investigate effects and corresponding underlying … mechanisms of a partial retirement program on labor supply, fiscal balances, and the pension income distribution. The structural … approach allows for disentangling the two counteracting mechanisms that drive the employment effects of partial retirement: 1 …
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