“On Welfare Effects of Increasing Retirement Age,” by Krzysztof Makarski and Joanna Tyrowicz (Discussion Paper No. 11441, March 2018, .pdf format, 21p.). Note: Links to the abstract and the full text of the paper available at:
April 9, 2018
CAAR – Institute for the Study of Labor (IZA) [University of Bonn, Germany] Working Paper – April 9, 2018
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March 16, 2018
CAAR – Center for Economic Studies/Ifo Institute for Economic Research (CESifo) [Munich, Bavaria, Germany] Working Paper – March 16, 2018
“Uncertain Length of Life, Retirement Age, and Optimal Pension Design,” by Thomas Aronsson and and Sören Blomquist (CESifo Working Paper No. 6941, March 2018, .pdf format, 26p.). Note: Links to the abstract and the full text of the paper available at:
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February 13, 2018
CAAR – National Bureau of Economic Research Working Papers – February 13, 2018
Links to an abstract are available. For full text availability check your organization’s library.
A. “The Comparative Advantage of Medicare Advantage,” by Joseph P. Newhouse, Mary Beth Landrum, Mary Price, J. Michael McWilliams, John Hsu, and Thomas McGuire (w24289, February 2018, .pdf format, 33p.).
B. “Earnings Test, Non-actuarial Adjustments and Flexible Retirement, by Axel H. Boersch-Supan, Klaus Haertl, and Duarte N. Leite (w24294, February 2018, .pdf format, 49p.).
C. “How Persistent Low Expected Returns Alter Optimal Life Cycle Saving, Investment, and Retirement Behavior,” by Vanya Horneff, Raimond Maurer, and Olivia S. Mitchell (w24311, February 2018, .pdf format, 18p.).
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December 19, 2017
November 30, 2017
CAAR – Center for Retirement Research at Boston College Issue Briefs – November 30, 2017
A. “Dodged a Bullet? “Rothification” Likely to Reduce Retirement Saving,” by Alicia H. Munnell and Gal Wettstein (IB No. 17-20, November 2017, .pdf format, 7p.).
Dodged a Bullet? “Rothification” Likely to Reduce Retirement Saving
B. “Is Working Longer a Good Prescription for All?” by Geoffrey T. Sanzenbacher and Steven A. Sass (IB No. 17-21, November 2017, .pdf format, 7p.).
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August 2, 2017
CAAR – Institute of Fiscal Studies [London, UK] Working Paper – August 2, 2017
“Can’t wait to get my pension: The effect of raising the female state pension age on income, poverty and deprivation,” by Jonathan Cribb and Carl Emmerson (W17/10, August 2017, .pdf format, 27p.). Note: Links to the abstract and the full text of the paper available at:
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July 20, 2017
CAAR – UK Department of Work and Pensions Report – July 20, 2017
“State Pension age review: final report,” (July 2017, .pdf format, 36p.).
www.gov.uk/government/publications/state-pension-age-review-final-report
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May 2, 2017
CAAR – UK Department of Work and Pensions Report – May 2, 2017
“State Pension age independent review: final report,” (April 2017, .pdf format, 130p.).
www.gov.uk/government/publications/state-pension-age-independent-review-final-report
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January 10, 2017
CAAR – Center for Economic Studies/Ifo Institute for Economic Research (CESifo) [Munich, Bavaria, Germany] Working Paper – January 10, 2017
“Economic Retirement Age and Lifelong Learning – a theoretical model with heterogeneous labor, biased technical change and international sourcing,” by Thomas Gries, Stefan Jungblut, Tim Krieger, and Henning Meyer (CESifo Working Paper No. 6257, December 2016, .pdf format, 44p.). Note: Links to the abstract and the full text of the paper available at:
www.cesifo-group.de/ifoHome/publications/working-papers/CESifoWP/CESifoWPdetails?wp_id=19269537
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November 10, 2016
CAAR – Asian Development Bank Working Paper – November 10, 2016
“How to Fill the Working-Age Population Gap in Asia: A Population Accounting Approach,” by Jong Woo Kang and Grendell Vie Magoncia (Working Paper No. 499, November 2016, .pdf format, 35p.). Note: Links to the abstract and the full text of the paper available at:
www.adb.org/publications/how-fill-working-age-population-gap-asia
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August 29, 2016
August 22, 2016
CAAR – Institute for the Study of Labor (IZA) [University of Bonn, Germany] Working Paper – August 22, 2016
“The Effects of the Early Retirement Age on Retirement Decisions,” by Dayanand Manoli and Andrea Weber (Discussion Paper No. 10154, August 2016, .pdf format, 40p.). Note: Links to the abstract and the full text of the paper available at:
www.iza.org/en/webcontent/publications/papers/viewAbstract?dp_id=10154
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March 15, 2016
CAAR – UK House of Commons, Committee on Work and Pensions Report – March 15, 2016
“Communication of state pension age changes,” (March 2016, .pdf format, 56p.).
www.publications.parliament.uk/pa/cm201516/cmselect/cmworpen/899/899.pdf
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January 13, 2016
CAAR – UK House of Commons Library Briefing Paper – January 13, 2016
“Increases in the State Pension age for women born in the 1950s,” by Djuna Thurley (CBP-7405, January 2016, .pdf format, 16p.).
researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-7405
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January 11, 2016
CAAR – De Nederlandsche Bank Working Paper – January 11, 2016
“What drives public acceptance of reforms? Longitudinal evidence from the run-up of the increase of the Dutch retirement age,” by Jante Parlevliet (Working Paper No. 492, December 2015, .pdf format, 47p.). Note: Links to the abstract and the full text of the paper available at:
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January 6, 2016
CAAR – Center for Retirement Research at Boston College Issue Brief – January 6, 2016
“Does a Uniform Retirement Age Make Sense?” by Geoffrey T. Sanzenbacher, Anthony Webb, Natalia S. Orlova and Candace M. Cosgrove (IB No. 16-1, January 2016, .pdf and Excel format, 6p.).
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November 17, 2015
CAAR – Center for Economic Studies/Ifo Institute for Economic Research (CESifo) [Munich, Bavaria, Germany] Working Paper – November 17, 2015
“Optimal Social Insurance and Health Inequality,” by Volker Grossmann and Holger Strulik (CESifo Working Paper No. 5604, November 2015, .pdf format, 47p.). Note: Links to the abstract and the full text of the paper available at:
www.cesifo-group.de/ifoHome/publications/working-papers/CESifoWP/CESifoWPdetails?wp_id=19173129
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October 30, 2015
CAAR – Institute for the Study of Labor (IZA) [University of Bonn, Germany] Working Paper – October 31, 2015
“Demanding Occupations and the Retirement Age,” by Niels Vermeer, Mauro Mastrogiacomo, Arthur van Soest (Discussion Paper No. 9462, October 2015, .pdf format, 56p.). Note: Links to the abstract and the full text of the paper available at:
www.iza.org/en/webcontent/publications/papers/viewAbstract?dp_id=9462
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October 7, 2015
October 6, 2015
September 29, 2015
CAAR – Center for Retirement Research at Boston College Working Papers – September 29, 2015
A. “Does Age-Related Decline in Ability Correspond with Retirement Age?” by Anek Belbase, Geoffrey T. Sanzenbacher and Christopher M. Gillis (WP No. 2015-24, September 2015, .pdf format, 32p.). Note: Links to the abstract and the full text of the paper available at:
crr.bc.edu/working-papers/does-age-related-decline-in-ability-correspond-with-retirement-age/
B. “Job Polarization and Labor Market Outcomes for Older, Middle-Skilled Workers,” by Matthew S. Rutledge and Qi Guan (WP No. 2015-23, September 2015, .pdf format, 31p.). Note: Links to the abstract and the full text of the paper available at:
C. “What Causes Workers to Retire Before They Plan?” by Alicia H. Munnell, Geoffrey T. Sanzenbacher and Matthew S. Rutledge (WP No. 2015-22, September 2015, .pdf format, 30p.). Note: Links to the abstract and the full text of the paper available at:
crr.bc.edu/working-papers/what-causes-workers-to-retire-before-they-plan/
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September 10, 2015
CAAR – Center for Retirement Research at Boston College Working Paper – September 10, 2015
“Calculating Neutral Increases in Retirement Age by Socioeconomic Status,” by Geoffrey T. Sanzenbacher, Anthony Webb, Candace M. Cosgrove and Natalia S. Orlova (WP 2015-21, August 2015, .pdf format, 27p.). Note: Links to the abstract and the full text of the paper available at:
crr.bc.edu/working-papers/calculating-neutral-increases-in-retirement-age-by-socioeconomic-status/
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August 12, 2015
CAAR – Center for Retirement Research at Boston College Working Papers – August 12, 2015
A. “How Much Longer Do People Need to Work?” by Alicia H. Munnell ,Anthony Webb and Anqi Chen (WP No. 2015-19, August 2015, .pdf format, 24p.). Note: Links to the abstract and the full text of the paper available at:
crr.bc.edu/working-papers/how-much-longer-do-people-need-to-work/
B. “The Challenge of Pension Reform in Georgia: Non-Contributory Pensions and Elderly Poverty,” by Tamila Nutsubidze and Khatuna Nutsubidze (WP No. 2015-18, July 2015, .pdf format, 29p.). Note: Links to the abstract and the full text of the paper available at:
C. “The Transition from Defined Benefit to Defined Contribution Pensions: Does It Influence Elderly Poverty?” by Natalia S. Orlova, Matthew S. Rutledge and April Yanyuan Wu (WP No. 2015-17, July 2015, .pdf format, 30p.). Note: Links to the abstract and the full text of the paper available at:
D. “Will the Average Retirement Age Continue to Increase?” by Matthew S. Rutledge, Christopher M. Gillis and Anthony Webb (WP No. 2015-16, July 2015, .pdf format, 38p.). Note: Links to the abstract and the full text of the paper available at:
crr.bc.edu/working-papers/will-the-average-retirement-age-continue-to-increase/
E. “The Role of Occupations in Differentiating Health Trajectories in Later Life,” by Michal Engelman and Heide Jackson (WP No. 2015-15, July 2015, .pdf format, 64p.). Note: Links to the abstract and the full text of the paper available at:
F. “The Relationship Between Automatic Enrollment and DC Plan Contributions: Evidence from a National Survey of Older Workers,” by Barbara A. Butrica and Nadia S. Karamcheva (WP No. 2015-14, July 2015, .pdf format, 33p.). Note: Links to the abstract and the full text of the paper available at:
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June 9, 2015
CAAR – House of Commons Library Briefing Paper – June 9, 2015
“State Pension age increases,” by Djuna Thurley and Roderick McInnes (SN06546, June 2015, .pdf format, 18p.).
researchbriefings.parliament.uk/ResearchBriefing/Summary/SN06546
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March 6, 2015
CAAR – Institute for the Study of Labor (IZA) [University of Bonn, Germany] Working Papers – March 6, 2015
A. “Joint Retirement of Couples: Evidence from a Natural Experiment,” by Hans Bloemen, Stefan Hochguertel, and Jochem Zweerink (Discussion Paper No. 8861, February 2015, .pdf format, 31p.). Note: Links to the abstract and the full text of the paper available at:
www.iza.org/en/webcontent/publications/papers/viewAbstract?dp_id=8861
B. “Training Access, Reciprocity, and Expected Retirement Age,” by Raymond Montizaan, Andries de Grip, and Didier Fouarge (Discussion Paper No. 8862, February 2015, .pdf format, 43p.). Note: Links to the abstract and the full text of the paper available at:
www.iza.org/en/webcontent/publications/papers/viewAbstract?dp_id=8862
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March 3, 2015
CAAR – Center for Retirement Research at Boston College Issue Briefs – March 3, 2015
A. “Dog Bites Man: Americans Are Shortsighted About Their Finances,” by Steven A. Sass, Anek Belbase, Thomas Cooperrider and Jorge D. Ramos-Mercado (IB No. 15-3, February 2015, .pdf format, 9p.).
crr.bc.edu/briefs/dog-bites-man-americans-are-shortsighted-about-their-finances/
B. “The Average Retirement Age – An Update,” by Alicia H. Munnell (IB No. 15-4, March 2015, .pdf format, 6p.).
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November 18, 2014
CAAR – New Zealand Treasury/Kaitohuntohu Kaupapa Rawa Working Papers – November 18, 2014
A. “Intergenerational Developments in Household Saving Behaviour,” by Mark Vink (WP14/23, November 2014, .pdf and HTML format, 27p.). Note: Links to the abstract and the full text of the paper available at:
www.treasury.govt.nz/publications/research-policy/wp/2014/14-23/
B. “KiwiSaver and the Accumulation of Net Wealth,” by David Law and Grant Scobie (WP14/22, November 2014, .pdf and HTML format, 24p.). Note: Links to the abstract and the full text of the paper available at:
www.treasury.govt.nz/publications/research-policy/wp/2014/14-22/
C. “The Effect of Public Pension Eligibility Age on Household Saving: Evidence from a New Zealand Natural Experiment,” by Talosaga Talosaga and Mark Vink (WP14/21, November 2014, .pdf format, 34p.). Note: Links to the abstract and the full text of the paper available at:
www.treasury.govt.nz/publications/research-policy/wp/2014/14-21/
D. “Pensions, Savings and Housing: A Life-cycle Framework with Policy Simulations,” by John Creedy, Norman Gemmell and Grant Scobie (WP14/14, November 2014, .pdf format, 44p.). Note: Links to the abstract and the full text of the paper available at:
www.treasury.govt.nz/publications/research-policy/wp/2014/14-14/
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July 31, 2014
CAAR – Institute for Fiscal Studies [London, UK] Working Paper – July 31, 2014
“Labour supply effects of increasing the female state pension age in the UK from age 60 to 62,” by Jonathan Cribb, Carl Emmerson and Gemma Tetlow (w14/19, July 2014, .pdf format, 12p.). Note: Links to the abstract and the full text of the paper available at:
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June 12, 2014
CAAR – De Nederlandsche Bank Working Papers – June 12, 2014
A. “Social interactions and the retirement age,” by Niels Vermeer, Maarten van Rooij and Daniel van Vuuren (Working Paper No. 426, June 2014, .pdf format, 29p.). Note: Links to the abstract and full-text can be found at:
B. “The measurement of international pension obligations – Have we harmonised enough?” by Dirk van der Wal (Working Paper No. 424, May 2014, .pdf format, 28p.). Note: Links to the abstract and full-text can be found at:
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February 10, 2014
CAAR – International Longevity Centre [UK] Report – February 10, 2014
“Linking state pension age to longevity – tackling the fairness challenge,” by David Sinclair, Kirsten Moore and Ben Franklin (February 2014, .pdf format, p.).
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December 26, 2013
CAAR – UK Department of Work and Pensions Report – December 26, 2013
“Additional voluntary National Insurance contributions at State Pension age,” by Maria Strudwick and Patrick Raffan (December 2013, .pdf format, 56p.).
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December 5, 2013
CAAR – UK Department of Work and Pensions Memorandum – December 5, 2013
“The core principle underpinning future State Pension age rises: DWP background note,” (December 2013, .pdf format, 3p.).
www.gov.uk/government/publications/future-state-pension-age-rises-dwp-background-note
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March 19, 2013
CAAR – Institute for the Study of Labor (IZA) [University of Bonn, Germany] Working Paper – March 19, 2013
“How Sensitive Are Individual Retirement Expectations to Raising the Retirement Age?” by Andries de Grip, Didier Fouarge, and Raymond Montizaan (Discussion Paper No. 7269, March 2013, .pdf format, 38p.). Note: Links to the abstract and full-text can be found at:
www.iza.org/en/webcontent/publications/papers/viewAbstract?dp_id=7269
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March 15, 2013
CAAR – UK Parliamentary Library Research Notes – March 15, 2013
A. “Public service pension age,” by Julia Lourie and Djuna Thurley (SN02209, March 2013, .pdf format, 22p.).
www.parliament.uk/briefing-papers/SN02209
B. “Public service pension age – 2010 onwards,” by Djuna Thurley (SN06581, March 2013, .pdf format, 17p.).
www.parliament.uk/briefing-papers/SN06581
C. “Social care reform: funding care for the future,” by Manjit Gheera and Robert Long (SN06391, March 2013, .pdf format, 16p.).
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March 11, 2013
CAAR – Institute for Fiscal Studies [London, UK] Working Paper – March 11, 2013
“Incentives, shocks or signals: labour supply effects of increasing the female state pension age in the UK,” by Jonathan Cribb, Carl Emmerson and Gemma Tetlow (W13/03, March 2013, .pdf format, 30p.). Note: Links to the abstract and full-text can be found at:
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March 4, 2013
CAAR – National Bureau of Economic Research Working Paper – March 4, 2013
“Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation,” by Edgar Vogel, Alexander Ludwig, and Axel Boersch-Supan (w18856, March 2013, .pdf format, 42p.).
Abstract:
Projected demographic changes in industrialized and developing countries vary in extent and timing but will reduce the share of the population in working age everywhere. Conventional wisdom suggests that this will increase capital intensity with falling rates of return to capital and increasing wages. This decreases welfare for middle aged agents with assets accumulated for retirement. This paper addresses three important adjustments channels to dampen these detrimental effects of ageing: investing abroad, endogenous human capital formation and increasing the retirement age. Although non of these suggestions is new in itself, we examine their effects jointly in one coherent model. Our quantitative finding is that openness has a relatively mild effect. In contrast, endogenous human capital formation in combination with an increase in the retirement age has strong effects. Under these adjustments maximum welfare losses of demographic change for households alive in 2010 are reduced by about 3 percentage points.
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February 7, 2013
CAAR – UK Department for Work and Pensions Report – February 7, 2013
“Extending Working Life Sector Initiative – A Review,” by Maria Strudwick and Andrea Kirkpatrick (In-House Research No. 13, January 2013, .pdf format, 45p.).
research.dwp.gov.uk/asd/asd5/report_abstracts/ihr_abstracts/ihr_013.asp
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January 9, 2013
January 4, 2013
CAAR – Center for Retirement Research at Boston College Working Papers – January 4, 2013
A. “Sticky Ages: Why Is Age 65 Still a Retirement Peak?” by Norma B. Coe, Mashfiqur Khan and Matthew S. Rutledge (WP No. 2013-2, January 2013, .pdf format, 29p.). Note: Links to the abstract and full-text can be found at:
crr.bc.edu/working-papers/sticky-ages-why-is-age-65-still-a-retirement-peak/
B. “Accumulation and Decumulation Strategies in the Wake of the Financial Crisis,” by Richard W. Kopcke, Anthony Webb, and Josh Hurwitz (WP No. 2013-1, January 2013, .pdf format, 19p.). Note: Links to the abstract and full-text can be found at:
C. “Employee Mobility and Employer-Provided Retirement Plans,” by Gopi Shah Goda, Damon Jones and Colleen Flaherty Manchester (WP No. 2012-28, November 2012, .pdf format, 47p.). Note: Links to the abstract and full-text can be found at:
crr.bc.edu/working-papers/employee-mobility-and-employer-provided-retirement-plans/
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November 8, 2012
September 25, 2012
CAAR – European Central Bank Working Paper – September 25, 2012
“Aging and pension reform: extending the retirement age and human capital formation,” by Edgar Vogel, Alexander Ludwig, and Axel Borsch-Supan (ECB Working Paper No. 1476, September 2012, .pdf format, 56p.).
Abstract:
Projected demographic changes in industrialized countries will reduce the share of the working-age population. Analyses based on standard OLG models predict that these changes will increase the capital-labor ratio. Hence, rates of return to capital decrease and wages increase with adverse welfare consequences for current middle aged asset rich agents. This paper addresses three important adjustments channels to dampen these detrimental effects of demographic change: investing abroad, endogenous human capital formation and increasing the retirement age. Our quantitative finding is that openness has a relatively mild effect. In contrast, endogenous human capital formation in combination with an increase in the retirement age has strong effects. Under these adjustments maximum welfare losses of demographic change for households alive in 2010 are reduced by about 3 percentage points.
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July 9, 2012
CAAR – Swiss National Bank Working Paper – July 9, 2012
“Retirement Age across Countries: The Role of Occupations,” by Philip Saure and Hosny Zoabi (Working Paper No. 2012-06, April 2012, .pdf format, 47p.).
Abstract:
Cross-country variation in average retirement age is usually attributed to institutional differences that affect individuals’ incentives to retire. We suggest a different approach. Since workers in different occupations naturally retire at different ages, the composition of occupations within an economy matters for its average retirement age. Using U.S. data we infer the average retirement age by occupation, which we then use to predict the retirement age of 38 countries according to the occupational composition of these countries. Our findings suggest that the differences in occupational composition explain up to 39.2% of the observed cross-country variation in retirement age.
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April 30, 2012
CAAR – UK Parliamentary Library Standard Note – April 30, 2012
“Retirement Age,” by Jacky Parker (SN00961, April 2012, .pdf format, 20p.).
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