To estimate the effects of large cuts in pensions on the age of first benefit receipt, we exploit two natural experiments in which such cuts affect a group of repatriated ethnic German workers.

This year’s Employment and Social Development Review provides a broad overview of the challenges facing the European Union over the coming years as it slowly emerges from the worst recession in its history. It highlights the scale of the challenges, but also the benefits of continuing to invest in education, training and wider labour market and social policies alongside the actions being taken to restore economic growth in the light of the Union’s 2020 employment and social goals.

At den svære pensjonsreformen kom seg gjennom demokratiets mølle brøt med gjengse teorier. Helt over målstreken kom likevel reformen ikke, ifølge forsker.

In many European countries, the labor market participation of older workers is considerably lower than the labor market participation of prime-age workers. This study analyzes the variation in labor market withdrawal of older workers across 13 European countries over the period 1995-2008.

Growing pension savings lead to deeper capital markets. This can have a positive effect on economic growth by allowing firms that are more dependent on external financing to grow faster.

The decision to cease working is traditionally influenced by a wide set of socio-economic and environmental variables. In this paper, we study transitions out of work for 26 EU countries over the period 2004-2009 in order to investigate the determinants of retirement based on the Eurostat Survey on Income and Living Conditions (EU-SILC).

This report identify and track employers’ awareness, understanding, knowledge, attitudes and intended actions in relation to the 2012 pension reforms (automatic enrolment). An additional key objective for this wave of the research was to determine the impact of the employer advertising activity up to April 2014.

This paper investigates the impact of financial incentives on early retirement behaviour for high and low wage earners. Using a stylized life-cycle model, we derive hypotheses on the behaviour of the two types.

This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age was 60 years of age. 

This thesis examines whether European Union pension funds overweigh domestic assets in their portfolio and aims to determine why they have a so called home bias. Up to 79% of the 110 respondents of a secondary survey are shown to be biased towards domestic and European assets when compared to the capital asset pricing model.

According to economic theory, “well-being” is measured better by consumption rather than by income. Furthermore, pre- and postretirement spending requirements are very different: Before retirement, people pay FICA taxes, incur work-related expenses, and set money aside for retirement.