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increase in the working horizon on (un)employment behaviour for individuals with a long remaining statutory working life. Using … probability of employment, decreases the probability of unemployment, and increases the intensity of job search among the … unemployed. Heterogeneity analyses show that the demonstrated employment effects are strongest for women and in occupations with …
Persistent link: https://www.econbiz.de/10014245855
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normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that … retirement option for the long-term insured. Bridge options allowed employers to terminate employment considerably earlier than … of the bridge options. Therefore mainly employers with high employment adaption costs induced employees to use a bridge …
Persistent link: https://www.econbiz.de/10012167052
(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/10010348430
employment. An important at‐risk group comprises employees who have worked in demanding jobs for many years. This group may be …‐discontinuity approach to estimate the labor market reactions. Surprisingly, we find the same relative employment increase of about 25% for …
Persistent link: https://www.econbiz.de/10012671878
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implications using net household income. In this respect we extend the previous literature which mainly studied employment effects … larger employment effects for women who cannot rely on other income on the household level, e.g. women with a low income …
Persistent link: https://www.econbiz.de/10011902730
This paper shows that labor income plays an important positive role for the decision to work after retirement. Especially individuals who have the chance to substantially supplement their pension entitlements have a higher earnings elasticity. Men are more attracted by earnings incentives than...
Persistent link: https://www.econbiz.de/10012299799
In this paper we present a life-cycle model with human capital investment during working life through training and provide a novel empirical test of human capital theory. Using a sizable pension reform which shifts the retirement age between two adjacent cohorts by three years, we document...
Persistent link: https://www.econbiz.de/10012139004
The life-cycle hypothesis implies that consumption would not decline at retirement. However, several studies found relevant declines in food consumption after retirement for the United States. Others concluded that this contradiction of the life-cycle hypothesis is solved by allowing for broader...
Persistent link: https://www.econbiz.de/10009559647