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Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in … particularly negatively affected by the abolition of early retirement options. To measure differences in labor market reactions of … increased the early retirement age for women from 60 to 63 years. Based on a large administrative dataset, we use a regression …
Persistent link: https://www.econbiz.de/10012671878
undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension … deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the …
Persistent link: https://www.econbiz.de/10010362934
effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …
Persistent link: https://www.econbiz.de/10011440834
This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort …-in-Differences approach. The analysis is based on official records covering all individuals insured by the public health system in Germany and … conclusions. We provide evidence that the increase in the retirement age negatively affects health outcomes as the prevalence of …
Persistent link: https://www.econbiz.de/10013191363
We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 …
Persistent link: https://www.econbiz.de/10011902730
normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that …This paper shows that increasing the normal retirement age and introducing pension deductions for retirement before … employers encouraged their employees to use the bridge options unemployment or partial retirement instead of the early …
Persistent link: https://www.econbiz.de/10012167052
Leveraging two cohort-specific pension reforms, this paper estimates the forwardlooking effects of an exogenous increase in the working horizon on (un)employment behaviour for individuals with a long remaining statutory working life. Using differencein-differences and regression discontinuity...
Persistent link: https://www.econbiz.de/10014245855
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …
Persistent link: https://www.econbiz.de/10014476768
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …
Persistent link: https://www.econbiz.de/10014088379
birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio … East Germany and for the low educated. Using simulated life cycle employment and income profiles, we project gross future …
Persistent link: https://www.econbiz.de/10003962861