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This paper shows that increasing the normal retirement age and introducing pension deductions for retirement before normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that employers encouraged their employees to use the bridge...
Persistent link: https://www.econbiz.de/10012167052
Routine-intensive occupations have been declining in many countries, but how does this affect individual workers’ careers if this decline is particularly severe in their local labor market? This paper uses administrative data from Germany and a matched difference-in-differences approach to...
Persistent link: https://www.econbiz.de/10013266324
Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in employment. An important at‐risk group comprises employees who have worked in demanding jobs for many years. This group may be particularly negatively affected by the abolition of...
Persistent link: https://www.econbiz.de/10012671878
We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 for women. We use a regression discontinuity design which exploits the immediate increase in the ERA between women born in 1951 and 1952. The analysis is based on the German...
Persistent link: https://www.econbiz.de/10011902730
We use data from time-use surveys and the Mexican Health and Aging Study (MHAS) to analyze the relationship between the … for gender equality. Also, in a region that is aging faster than any other in the world, social trends (e.g., smaller …
Persistent link: https://www.econbiz.de/10012298761
We estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor market frictions and the German tax and benefit system. We find that in the absence of Germany's public long-term insurance scheme, informal elderly care has adverse and persistent...
Persistent link: https://www.econbiz.de/10014330997
The impact of aging on healthcare expenditure (HCE) has been at the center of a prolonged debate. This paper purports … time-to-death is an endogenous determinant of HCE. Third, it investigates the contribution of population aging to the … not the cost of dying is accounted for, thus qualifying the "red herring" hypothesis. -- Health econometrics ; Aging …
Persistent link: https://www.econbiz.de/10003216021
This paper studies the effect of mandated severance pay in a matching model featuring wage rigidity for ongoing, but …
Persistent link: https://www.econbiz.de/10009668414
When wage contracts are relatively short-lived, rent sharing may reduce the incentives for investment since some of the returns to sunk capital are captured by workers. In this paper we use a matched worker-firm data set from the Veneto region of Italy that combines Social Security earnings...
Persistent link: https://www.econbiz.de/10013140998
Generous income support programs as provided by European welfare states have often been blamed to reduce work incentives for lower income classes and to increase durations of unemployment. Standard studies measure work incentives based on annual income concepts. This paper analyzes how work...
Persistent link: https://www.econbiz.de/10009630295