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Labor market and distributional effects of an increase in the retirement age

Geyer, Johannes; Haan, Peter; Hammerschmid, Anna; … - 2018

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

Beware of the employer : financial incentives for employees may fail to prolong old age employment

Lorenz, Svenja; Pfister, Mona; Zwick, Thomas - 2020

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 …

Persistent link: https://www.econbiz.de/10012167052

Working longer, working stronger? : the forward-looking effects of increasing the retirement age on (un)employment behaviour

Gohl, Niklas - 2023

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

Financial crises and the dynamic linkages between stock and bond returns

Eraslan, Sercan; Ali, Faek Menla - 2017

This paper investigates the dynamic linkages in terms of the first and second moments between stock and bond returns, within a wide range of advanced economies, over the different phases of the recent financial crisis. The adopted empirical framework is a bivariate volatility model, where...

Persistent link: https://www.econbiz.de/10011663407

Looking back in anger? : retirement and unemployment scarring

Hetschko, Clemens; Knabe, Andreas; Schöb, Ronnie - 2014

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 …

Persistent link: https://www.econbiz.de/10010348430

Effectiveness of early retirement disincentives : individual welfare, distributional and fiscal implications

Bönke, Timm; Kemptner, Daniel; Lüthen, Holger - 2016

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