TY - RPRT AU - Hanel, Barbara AU - Riphahn, Regina T. TI - Financial Incentives and the Timing of Retirement: Evidence from Switzerland PY - 2006/Dec/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 2492 UR - https://www.iza.org/publications/dp2492 AB - 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. KW - labor force exit KW - social security KW - incentives KW - retirement insurance KW - natural experiment KW - Switzerland ER -