Increasing the Effective Retirement Age: Key Factors and Interaction Effects

The effects of increasing the normal retirement age on health care utilization and mortality

This essay estimates the health effects of increasing the normal retirement age using Swedish administrative data on drug prescriptions, hospitalizations, and mortality. To this end, I use a reform that raised the age at which broad categories of Swedish local government workers were entitled to retire with full pension benefits from 63 to 65. Estimating the effect of the reform on individuals’...

FACTORS INFLUENCING RETIREMENT: Their Implications for Raising Retirement Age

Statutory Retirement Age and

As societies age, pension reforms become a central issue. One proposition is to extend worklife. However, due to the endogenous depreciation of human capital in many countries the effective retirement age is even below the present statutory retirement age. We analyze this effect in a putty-putty human capital vintage model where the economic retirement age is endogenous. While a higher rate of ...

The Influence of Family and Satellite Interaction in Divorce Increasing

Since divorce demolishes the society’s most important social institution, it can be considered as the most important problem. Socialization may play a significant role increasing or decreasing social disorders such as divorce. because socialization agents are somehow different. This research focuses on the effects of socialization on divorce, family and satellite as the most widely influential ...

The effects of pre-retirement factors and retirement route on circumstances in retirement : findings from the Whitehall II study

Retirement has traditionally been seen as the beginning of old age. It has been depicted as mandatory expulsion from the workforce and seen to mark the transition to a period of ill health and poverty. Such ideas and associations are however being challenged in the developed world by socio-demographic changes in retirement and old age. People in the United Kingdom as elsewhere are living longer...