Typically economists arguing for flexible (or variable) retirement age, but they rely on steady state analysis. In this … paper we consider the replacement of a mandatory retirement system with a flexible one in real time. We show that even if … early retirement is duly punished, diminishing the effective retirement age by 1 year raises the first year's and the total …

educational attainment. About 1 percentage point is attributable to changes in statutory retirement ages, although part of the … reason these effects are not larger is that in most countries, statutory retirement ages have not kept pace with life … retirement pathways through unemployment or disability schemes has been a major factor in the turnaround in the participation …

incentives matter for the retirement behavior of the self-employed. We also provide evidence of the self-employed not wanting to … retire as early as possible, and contrast these expectation data with realized retirement transitions. The overall picture …