Because the concept of retirement is prominent in both popular thinking and academic
studies, it would be helpful if the notion were analytically sound, could be measured with …

The landscape for older workers has changed dramatically in recent decades. Governments
have made cuts to public pension programs, private pensions have shifted from defined …

This paper presents new evidence on the effects of retirement benefits on labor force
participation decisions. The analysis is based on a mandated rule for employer-provided …

In this chapter, we review the evidence on retirement and study the role of incentives in the
retirement decision. The key patterns of withdrawal from the labor market are presented and …

In this paper we evaluate the work disincentive effects of the disability insurance (DI)
program during the 1990s using comparison group and regression-discontinuity methods …

Do early retirement ages (ERA) provide a signal about the appropriate age to retire? We
examine the impact of increasing the ERA for women in a context (the UK) where the …

I exploit a major, unanticipated reform of the California teachers' pension to provide quasi-
experimental evidence on the link between pension features and retirement timing. Using …

We study the employment effects of a large increase in the early retirement age (ERA) of
women. Raising the ERA has the potential to extend contribution periods and to reduce the …

This article examines the pattern of incentives for work versus retirement in six state teacher
pension systems. We do this by examining the annual accrual of pension wealth from an …

We investigate the responsiveness of individual retirement decisions to changes in financial
incentives. A reform increased women's normal retirement age (NRA) in two steps from age …