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 …This paper shows that increasing the normal retirement age and introducing pension deductions for retirement before …

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 early retirement options. To measure differences in labor market reactions of …

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

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 …

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

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 …

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 … (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 …

deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the …