Der Einfluss von Erwerbsstatus und privatem Vermögen auf das Pensionsantrittsalter : Hintergründe, Modellierung und Simulation

Abstract

In this thesis, I analyze the effect of private assets on the retirement decision of a worker in a frictional labor market. Therefore I introduce a search and matching model, where asset accumulation of an individual depends on the wage bargained between firm and worker, and is interrupted by stochastic shocks to unemployment. I not only inspect the influence of assets on the retirement age, but also the employment status (employed and unemployed). The results show that both assets and employment status affect the optimal retirement decision as well as the distribution of retirement ages in the economy.