Objectives. This article explores the effects of the timing of retirement on subjective physical
and emotional health. Using panel data from the Health and Retirement Study (HRS), we …

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 utilizes the county-by-county rollout of China's New Rural Pension Scheme
(NRPS) and finds that, among age-eligible people, the pension scheme leads to higher …

Two pension reforms in Austria increased the early retirement age (ERA) from 60 to 62 for
men and from 55 to 58.25 for women. We find that raising the ERA increased employment by …

Since 2007, the labor force participation rate has fallen from about 66 percent to about 63
percent. The sources of this decline have been widely debated among academics and …

We use a US Social Security reform as a quasi-experiment to provide evidence on framing
effects in retirement behavior. The reform increased the full retirement age (FRA) from 65 to …

This paper studies the large concentration of retirement behavior around statutory retirement
ages, a puzzling stylized fact. To investigate this fact, I estimate bunching responses to 644 …

Governments around the world are reforming their social security systems in light of the
challenges posed by population aging. We study the 1993 Australian Age Pension reform …

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 …