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 …

benefit pay-as-you-go (DB PAYG) scheme with retirement and disability benefits. Our model enables us to obtain the system …

This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …

workers who exogenously lose eligibility for their early retirement option. We use detailed Norwegian matched employer …-employee data containing information on bankruptcy dates and individual-level wealth, income, pensions and social security benefits … in the loss of eligibility for early retirement benefits between ages 62-67 years in Norway. We find that re …

retirement. The analysis is conducted on administrative data from social security records and on survey data in a comparative … average retirement is postponed by five months due to financial incentives via actuarial adjustments. However, this response … is about 40 per cent lower for manual workers compared to non-manual workers which indicates that their retirement income …

This article analyses recent developments in the average effective retirement age in light of the 2011 reform and the … opposite effect prompted by the growing share of the various forms of early retirement. Second, the impact of the 2011 reform … the basis of legislation prior to the reform is still significant, and the statutory retirement age for workers with …