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retirement age (ERA). Raising the ERA has the potential to extend contribution periods and to reduce the number of pension … retirement program for women born after 1951, effectively raising the ERA for women by three years. We analyze the effects of … this huge increase on employment, unemployment, disability pensions, and inactivity rates. Our results suggest that the …
Persistent link: https://www.econbiz.de/10011641381
retirement behavior as low-skilled Germans. The results are consistent with low-skilled workers in Germany being frozen in a …
Persistent link: https://www.econbiz.de/10010470896
future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement …
Persistent link: https://www.econbiz.de/10012133536
This paper examines the empirical link between retirement and the supply of volunteer labor, using panel data from the … the Australian Age Pension which has significantly changed the retirement incentives of older people. We find positive and … significant effects of retirement status on the voluntary work provision of older men and women. Longer time spent in retirement …
Persistent link: https://www.econbiz.de/10012604177
We evaluate a comprehensive reform of Norwegian early retirement institutions in 2011 through the lens of a … retirement and exits through disability insurance. Lower access-age to own pension funds caused a small increase in employment …
Persistent link: https://www.econbiz.de/10014310092
It is a challenge for politics that an aging population leads to demands that the retirement age is increasing while … the labour market. However, the regulations have become more restrictive in the last decade and early retirement usually … leads to a lower pension. In this article, we map options for early retirement in other countries. We have found five main …
Persistent link: https://www.econbiz.de/10013209886
Pension reforms that raise minimum retirement age increase the pool of senior individuals aged 50+ who are not eligible … estimate the effects of local changes in the supply of workers aged between 50 and minimum retirement age on youth, prime age …
Persistent link: https://www.econbiz.de/10011647457
This paper investigates the retirement patterns of married couples in Belgium. To forecast retirement behavior, we use …'s structural design affect both partners' retirement decisions. We simulate the effect of the elimination of the spousal bonus and … find that a small portion of women delay their retirement whereas the rest substitute into alternative social security …
Persistent link: https://www.econbiz.de/10014366803
Many pay-as-you-go pension systems have increased or plan to increase their legal retirement age (LRA) to address the …
Persistent link: https://www.econbiz.de/10003847144
We investigate the unemployment pathway to retirement in Germany and study the causal effects of two early retirement … unemployment, and shifted to alternative pathways into retirement. The overall use of the retirement system declined by about 1 … reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 65. Simultaneously, it became possible to use …
Persistent link: https://www.econbiz.de/10012745216