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 …

We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 …

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 …

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 …

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 …

identify non-employment-related scarring by examining the transition of unemployed people to retirement as a life event after …-monetary unemployment scarring for people who were unemployed for the first time in their life directly prior to retirement, but not for …

This paper shows that labor income plays an important positive role for the decision to work after retirement … elasticity. Men are more attracted by earnings incentives than women. Also individuals who work until retirement can easier be … attracted by financial incentives to work after retirement than those with bridge options. Our analysis is based on a …

provide a novel empirical test of human capital theory. Using a sizable pension reform which shifts the retirement age between …