@TechReport{iza:izadps:dp2492, author={Hanel, Barbara and Riphahn, Regina T.}, title={Financial Incentives and the Timing of Retirement: Evidence from Switzerland}, year={2006}, month={Dec}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={2492}, url={https://www.iza.org/publications/dp2492}, abstract={We use reforms in the Swiss public retirement system to identify the responsiveness of retirement timing to financial incentives. A permanent reduction of retirement benefits by 3.4 percent induces more than 70 percent of females to postpone their retirement. The responsiveness of male workers, who undergo a different treatment, is lower.}, keywords={labor force exit;social security;incentives;retirement insurance;natural experiment;Switzerland}, }