We investigate whether a cut in unemployment benefit payout periods affected older workers' labor market transitions … unemployed declined after the reform. These patterns suggest that the reform of unemployment benefits may be one of the reasons …

unemployment benefits for older workers helps explain the low rate of employment just before the early retirement age. Decreasing … activity not only decreases the participation rate by inducing early retirement, but also badly affects the employment rate of … older workers just before early retirement age. Countries with an early retirement age at 60 also have lower employment …

of the marginal actuarially fair incentives in case of postponed retirement. Social Security then faces a trade …-off between giving enough incentives to make individuals actually delay retirement and giving little increase in pensions in order …. Furthermore, we analyze the interactions between wealth and retirement behavior. …

retirement behavior as low-skilled Germans. The results are consistent with low-skilled workers in Germany being frozen in a …

employed. Observed covariates including wages and retirement benefits help to explain these patterns, but unobserved …

We investigate the unemployment pathway to retirement in Germany and study the causal effects of two early retirement … unemployment, and shifted to alternative pathways into retirement. The overall use of the retirement system declined by about 1 … reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 65. Simultaneously, it became possible to use …

To determine how wives' and husbands' retirement options affect their spouses' (and their own) labour supply decisions …, we exploit (early) retirement cutoffs by way of a regression discontinuity design. Several German pension reforms since … the early 1990s have gradually raised women's retirement age from 60 to 65, but also increased ages for several early …

, there is a sufficiently short distance to retirement for which flat unemployment benefits can be the optimal contract as the … optimal contract that integrates unemployment insurance and retirement pension systems. -- Unemployment insurance ; retirement …This paper shows that optimal unemployment insurance contracts are age-dependent. Older workers have only a few years …

the labor force and almost doubles the unemployment risk. The financial effects of health shocks are small on average and …