This paper shows that increasing the normal retirement age and introducing pension deductions for retirement before … normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that … employers encouraged their employees to use the bridge options unemployment or partial retirement instead of the early …

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 …

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 …

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

We estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor …

Wage expectations for full- and part-time employment are key for understanding the labor supply decisions of women …. However, whether women expect different wages between part-time and full-time work is not fully understood. Using German … survey data, I quantify the expected full-time/part-time wage differential for a representative sample of female workers. I …

I study the life-cycle pattern of part-time employment and its impact on wage growth in female careers. I show that the … part-time wage penalty consists of two essential components: i) a penalty for promotions and ii) a within-career-level wage … accumulation within career levels. A part-time spell of four years marks the point at which forgone chances of promotion and within …

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 …

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

How to invest and decumulate wealth during retirement has far-reaching consequences for consumption during retirement … investigate the choice between phased withdrawal plans with varying riskiness resulting in volatile retirement income. We find … that 40% of the participants choose some risk and thus, accept fluctuations in retirement income. Second, we analyze the …