Showing 1 - 10 of 40
This paper investigates the consequences of pension reform for life-cycle unemployment and retirement. We find that (i … retirement and boosts efficiency; and (iv) extending the calculation period favors employment of young workers, might possibly … lead to more unemployment among older ones, encourages postponed retirement and most likely yields positive welfare gains. …
Persistent link: https://www.econbiz.de/10009024935
The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime …
Persistent link: https://www.econbiz.de/10005797691
retirement incentives and work incentives of prime-age workers. We find that postponed retirement tends to harm incentives of …
Persistent link: https://www.econbiz.de/10005797699
This paper investigates the effects of retirement on various health outcomes. Data stem from the first three waves of … applied to identify causal effects. It is found that retirement significantly increases the risk of being diagnosed with a …. Estimates also indicate that retirement has quite diverse effects for different individuals. …
Persistent link: https://www.econbiz.de/10005036271
market adjustment on five different behavioural margins: labor market participation, hours worked, job search, retirement … retirement age to 68 years and several other measures, may limit the increase of the tax burden to 4 percentage points of the …
Persistent link: https://www.econbiz.de/10005017304
This paper presents statistical evidence about the validity of the sibling sex ratio instrument proposed by Angrist and Evans (1998), a prominent natural “natural experiment” in the sense of Rosenzweig and Wolpin (2000). The sex ratio of the first two siblings is arguably randomly assigned...
Persistent link: https://www.econbiz.de/10010568453
Wage subsidies are often suggested as a particularly effective policy to improve labor market chances of economically disadvantaged groups. We empirically evaluate an employer-side wage subsidy scheme targeted at the long-term unemployed in Germany. Based on program regulations and a large data...
Persistent link: https://www.econbiz.de/10009150066
This paper proposes bootstrap tests for the validity of instrumental variables (IV) in just identified treatment effect models with endogeneity. We demonstrate that the IV assumptions required for the identification of the local average treatment effect (LATE) allow us to both point identify and...
Persistent link: https://www.econbiz.de/10009359813
Many instrumental variable (IV) regressions include control variables to justify (conditional) independence of the instrument and the potential outcomes. The plausibility of conditional IV independence crucially depends on the timing when the control variables are determined. This paper...
Persistent link: https://www.econbiz.de/10011099460
In heterogeneous treatment effect models with endogeneity, the identification of the local average treatment effect (LATE) typically relies on an instrument that satisfies two conditions: (i) joint independence of the potential post-instrument variables and the instrument and (ii) monotonicity...
Persistent link: https://www.econbiz.de/10010548105