individuals around the workaholic. Using the Retirement History Survey and the Panel Study of Income Dynamics, we find evidence …, in that they are more likely to postpone earlier plans for retirement. The theory and evidence suggest that optimal …

Raising the retirement age is a common policy response when social security schemes face fiscal pressures. We develop … and estimate a dynamic life cycle model to study optimal retirement and tax policy when individuals face health shocks and … income risk and make endogenous retirement decisions. The model incorporates key features of Social Security, Medicare …

-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … document that the pension reform leads to a postponement of retirement, an increase in employment and a shifting in …

supply and endogenous retirement. In this environment, the optimal labor tax is hump-shaped in age: insurance benefits of … taxation push for increasing-in-age taxes while rising labor supply elasticities and optimal late retirement of highly … combination of age-dependent linear taxes with increasing-in-age retirement benefits generates welfare gains close to optimal. …

supply and endogenous retirement. When the fixed cost of work is increasing in wage, the optimal retirement wedge provides … stronger incentives for delayed retirement with age. Retirement benefits that resemble the US Social Security system can … implement the optimum. Calibrated numerical simulations suggest that a mix of retirement benefits that increase with claiming …

In this paper, I estimate the effect of future pension benefits on pre-retirement labor supply for a representative …