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this huge increase on employment, unemployment, disability pensions, and inactivity rates. Our results suggest that the …
Persistent link: https://www.econbiz.de/10011630967
We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 for women. We use a regression discontinuity design which exploits the immediate increase in the ERA between women born in 1951 and 1952. The analysis is based on the German...
Persistent link: https://www.econbiz.de/10011865453
In this paper we exploit a cohort-specific pension reform to estimate the causal labour market effects of changes in the financial incentives to retire. In particular, we analyze the effects of the introduction of cohort-specific deductions for early retirement on female retirement, employment...
Persistent link: https://www.econbiz.de/10011558593
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...
Persistent link: https://www.econbiz.de/10012659076
This paper uses panel data from the pan-European SHARE survey to study labor market behavior of older male self-employed vis-a-vis wage employed workers. We find the self-employed to work longer hours, to be more flexible in their hours allocation, and to retire later in all countries. We relate...
Persistent link: https://www.econbiz.de/10011380941
Recent policies aiming to prolong worklives have increased older males' labor supply. Yet, little is known about their intergenerational effects. Using unique Dutch administrative data covering three consecutive generations, this paper studies the impact of increased grandfathers' labor supply...
Persistent link: https://www.econbiz.de/10013202701
This paper shows that labor demand plays an important role in the labor market reactions of older women affected by pension deductions for early retirement. Based on a large representative sample of the German workforce (SIAB), we calculate the consequences of individual financial incentive...
Persistent link: https://www.econbiz.de/10012119880
This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a health process, the interaction between health and employment...
Persistent link: https://www.econbiz.de/10010189439
Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks, productivity and preferences, and the financial...
Persistent link: https://www.econbiz.de/10011999473
Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks, productivity and preferences, and the financial...
Persistent link: https://www.econbiz.de/10011995887