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In several OECD countries age-targeted wage subsidies have been introduced to increase the employment of older workers …, but evidence on their effectiveness is scarce. This paper examines the effects of a permanent wage cost subsidy in Belgium … on the employment rate, working time and hourly wage. We estimate these effects by integrating Inverse Probability …
Persistent link: https://www.econbiz.de/10010506320
Für bestimmte Berufsgruppen untersuchen wir Gesundheit und Altern vor und nach der Pensionierung. Wir verwenden fünf Wellen des Survey of Health, Aging, and Retirement in Europe (SHARE) und erstellen einen Gebrechlichkeitsindex für ältere Männer und Frauen aus 10 europäischen Ländern....
Persistent link: https://www.econbiz.de/10012650609
Aging creates financial troubles for PAYG pension systems, since the share of retirees to workers increases. An often advocated policy response is to increase retirement age. Ironically, however, the political support for this policy may actually be hindered by population aging. Using Swiss...
Persistent link: https://www.econbiz.de/10011882293
behind the recent incredible rise in old age employment in Germany. …
Persistent link: https://www.econbiz.de/10011929632
We investigate the unemployment pathway to retirement in Germany and study the causal effects of two early retirement reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 65. Simultaneously, it became possible to use early retirement with benefit discounts. Reform 2 (ERA)...
Persistent link: https://www.econbiz.de/10012697080
Adult education can mitigate the productivity decline in aging societies if older workers are willing to learn. We examine a generous partial retirement reform in Germany that led to a massive increase in early retirement. Using county-level administrative data on voluntary education activities,...
Persistent link: https://www.econbiz.de/10012240402
(unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as … worsened working conditions, or increased future uncertainty as regards income and employment. Using German panel data, we … identify non-employment-related scarring by examining the transition of unemployed people to retirement as a life event after …
Persistent link: https://www.econbiz.de/10010349860
, and that the employment of young (30-years old) male workers increases. The distribution of wages by age is instead …
Persistent link: https://www.econbiz.de/10011406562
It is often argued that implicit taxation on continued activity of elderly workers is responsible for the widely observed trend towards early retirement. In a world of laissez-faire or of first-best efficiency, there would be no such implicit taxation. The point of this paper is that when...
Persistent link: https://www.econbiz.de/10011409410
generally rise with an ageing labour force. Also, part-time employment induces firms to engage more older workers but this …
Persistent link: https://www.econbiz.de/10012599161