We estimate the causal effect of early retirement on mortality for blue-collar workers. To overcome the problem of endogenous selection, we exploit an exogenous change in unemployment insurance rules in Austria that allowed workers in eligible regions to withdraw from the workforce up to 3.5...

This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 to 57.2 for women. Using administrative data on the...

This paper explores how extended unemployment insurance (UI) benefits targeted to older workers affect early retirement and social welfare. The trade-off of optimal UI between consumption smoothing and moral hazard requires accounting for the entire early retirement system, which often includes...

This paper offers quasi experimental evidence of the existence of spillover effects of UI extensions using a unique program that extended unemployment benefits drastically for a subset of workers in selected regions of Austria. We use non-eligible unemployed in treated regions, and a...

Public interest in the gender pay gap has risen significantly over the past years in Germany, but the size of the gender pay gap has barely changed. A comparison across European countries shows that a lower female labor force participation rate is associated with a smaller gender pay gap. The...

Parental leave regulations in most OECD countries have two key policy instruments: job protection and cash benefits. This paper studies how mothers return to work behavior and labor market outcomes are affected by alternative mixes of these key policy parameters. Exploiting a series of major...

We investigate whether the costs of job displacement differ between blue collar and white collar workers. In the short run earnings and employment losses are substantial for both groups but stronger for white collar workes. In the long run, there are only weak effects for blue collar workers but...

Women remain significantly underrepresented in the top decision-making bodies in the private sector. Over the past few years, increasingly more European countries have introduced statutory gender quotas to combat this underrepresentation. Other European countries have instead relied on voluntary...