We propose a unified framework to measure the effects of different reforms of the pension system on retirement ages and … retirement decisions are explicitly modeled within a public pension system. Heterogeneity with respect to consumption preferences … behavior of households, we observe that feedback effects do occur. Results suggest that individual retirement decisions are …

We use nationally representative panel data from Australia to consider the impact of retirement on individual locus of … causality via cohort-specific eligibility age for the Australian Age Pension. We show that retirement leads to increased … effects of retirement on health and subjective well-being, respectively. The impact of retirement on control beliefs varies …

This paper investigates the effects of increasing the eligibility age for public pension on workers' retirement …

We analyze the influence of health and financial incentives on the retirement behavior of older workers in France …, building upon Stock and Wise (1990) option value approach. The model accounts for three main retirement routes: the normal … retirement, disability insurance (DI) and unemployment/preretirement pathways, and is estimated with a combination of …

implicit in contribution rates. -- pension reform ; retirement ; hours worked ; tax benefit link ; actuarial adjustment …This paper investigates how parametric reform in a pay-as-you-go pension system with a tax benefit link affects … retirement incentives and work incentives of prime-age workers. We find that postponed retirement tends to harm incentives of …