Determinanten des Rentenzugangs: Lockt der Ruhestand oder drängt der Arbeitsmarkt?
This paper analyses annual, age-specific retirement rates in Germany between 1971 and 1991. The time-series data show significant changes in overall and age-specific retirement behavior over the 21 year period. The literature provides two alternative explanations for the observed developments: One theory posits that employees took advantage of increasingly lenient eligibility conditions to leave the labor force and to seek early retirement (pull factors/supply side). The opposing position asserts that high unemployment caused early retirement (push factors/demand side). This study finds that institutional eligibility rules are strongly correlated with annual, age-specific retirement rates. In contrast, aggregate unemployment cannot explain the fluctuations in retirement rates over time.
Year of publication: |
1995
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Authors: | Riphahn, Regina T. ; Schmidt, Peter |
Publisher: |
Mannheim : Zentrum für Europäische Wirtschaftsforschung (ZEW) |
Saved in:
freely available
Series: | ZEW Discussion Papers ; 95-10 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | German |
Other identifiers: | 882295098 [GVK] hdl:10419/29398 [Handle] RePEc:zbw:zewdip:9510 [RePEc] |
Source: |
Persistent link: https://www.econbiz.de/10010299601
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