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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 …This paper shows that increasing the normal retirement age and introducing pension deductions for retirement before …
Persistent link: https://www.econbiz.de/10012167052
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 …
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 … 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
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
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 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 …
Persistent link: https://www.econbiz.de/10012299799
We estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor …
Persistent link: https://www.econbiz.de/10014330997
This study provides novel evidence about the pension wealth elasticity of employment. For the identification we exploit … tax rate of employment. We use a difference-in-differences estimator based on administrative data from the German pension … insurance and find that, on average, the negative employment effect of pension wealth is significant and economically important …
Persistent link: https://www.econbiz.de/10014476768
This study provides novel evidence about the pension wealth elasticity of employment. For the identification we exploit … tax rate of employment. We use a difference-in-differences estimator based on administrative data from the German pension … insurance and find that, on average, the negative employment effect of pension wealth is significant and economically important …
Persistent link: https://www.econbiz.de/10014088379
This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort … 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