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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
possibilities single countries perceive in pursuing employment policies. In a setting where trade is driven by comparative … advantages, and thus wagecompetitiveness plays an important role for employment, it is shown that there is a tendency that a bias … arises in employmentpolicies. Policies expanding private employment tend to be used too little, while policies harming …
Persistent link: https://www.econbiz.de/10011400674
Workfare proposals concentrate on the work incentives for welfare recipients, thus focusing on the labor supply side. This paper analyzes the effects workfare has on labor demand when the labor market is unionized. As workfare reduces the number of recipients of public financial assistance, a...
Persistent link: https://www.econbiz.de/10011507897
We examine the matching process using monthly panel data for local labour markets in Sweden. We find that an increase in the number of vacancies has a weak effect on the number of unemployed workers being hired: unemployed workers appear to be unable to compete for many available jobs. Vacancies...
Persistent link: https://www.econbiz.de/10011588051
In this paper we study the effects on the survival rate in employment of a scheme that facilitates gradual retirement … (possibly selective) pathways to early retirement. We find that participation in the scheme initially prolongs employment, as …
Persistent link: https://www.econbiz.de/10011414625
endogenously over time through experience effects, tenure effects and quits to better paid employment. This equilibrium approach …
Persistent link: https://www.econbiz.de/10008697434
disease mortality across states over time. The results show that there is a causal link between health and income per person …
Persistent link: https://www.econbiz.de/10012124859
behind the recent incredible rise in old age employment in Germany. …
Persistent link: https://www.econbiz.de/10011929632
We find that segments of society who have shorter life expectancy can expect a lower retirement income and lifetime utility due to the longevity of other groups participating in the same pension scheme. Linking retirement age to average life expectancy magnifies the negative effect on the...
Persistent link: https://www.econbiz.de/10012029124
In this paper, we consider how the hours of work and retirement age ought to respond to a change in the uncertainty of the length of life. In a first best framework, where a benevolent government exercises perfect control over the individuals' labor supply and retirement-decisions, the results...
Persistent link: https://www.econbiz.de/10011809912