The Rising Age at Retirement in Industrial Countries

Trends in retirement age in four countries, 1965-95

Retirement Age Across Countries: The Role of Occupations

Cross-country variation in effective retirement age is usually attributed to institutional differences that affect individuals’ incentives to retire. This paper suggests a different approach to explain this variation. Since working individuals in different occupations naturally retire at different ages, the composition of occupations within an economy matters for its average effective retiremen...

Measuring years of inactivity, years in retirement, time to retirement, and age at retirement within the Markov model.

Retirement-related concepts are treated as random variables within Markov process models that capture multiple labor force entries and exits. The expected number of years spent outside of the labor force, expected years in retirement, and expected age at retirement are computed-all of which are of immense policy interest but have been heretofore reported with less precisely measured proxies. Ex...

Does Raising the Retirement Age

This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 to 57.2 for women. Using administrative data on the universe of Austrian private-sector employees, the results from the empirical analysis suggest that t...

Socioeconomic inequalities in life and health expectancies around official retirement age in 10 Western-European countries.

BACKGROUND Discussions on raising pension eligibility age focus more on improvement in life expectancy (LE) and health expectancy measures than on socioeconomic differences in these measures. Therefore, this study assesses the level of socioeconomic differences in these two measures in Western-Europe. METHODS Data from seven annual waves (1995-2001) of the European Community Household Panel w...