retirement age (ERA). Raising the ERA has the potential to extend contribution periods and to reduce the number of pension … retirement program for women born after 1951, effectively raising the ERA for women by three years. We analyze the effects of … this huge increase on employment, unemployment, disability pensions, and inactivity rates. Our results suggest that the …

retirement age (ERA). Raising the ERA has the potential to extend contribution periods and to reduce the number of pension … retirement program for women born after 1951, effectively raising the ERA for women by three years. We analyze the effects of … this huge increase on employment, unemployment, disability pensions, and inactivity rates. Our results suggest that the …

normal retirement age (NRA) from 60 years to 65 years for private-sector male employees. The analysis, based on a difference … employment rate since workers also apply for more disability and unemployment benefits. Moreover, most of them simply retire …

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

We propose a unified framework to measure the effects of different reforms of the pension system on retirement ages and … retirement decisions are explicitly modeled within a public pension system. Heterogeneity with respect to consumption preferences … behavior of households, we observe that feedback effects do occur. Results suggest that individual retirement decisions are …

-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … document that the pension reform leads to a postponement of retirement, an increase in employment and a shifting in … unemployment over age rather than a substitution into unemployment. …

future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement …