Showing 1 - 10 of 10
-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … document that the pension reform leads to a postponement of retirement, an increase in employment and a shifting in …
Persistent link: https://www.econbiz.de/10011558593
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/10012671875
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/10011865453
pension deductions for early retirement. Based on a large representative sample of the German workforce (SIAB), we calculate …, unemployment, and partial retirement. The reform reduces financial incentives for early retirement. In line with labor demand … groups mainly offer their older employees the option of staying longer in partial retirement instead of forcing them into …
Persistent link: https://www.econbiz.de/10012119880
We provide novel evidence about the incentive and welfare effects of an increase in the generosity of disability benefits. Importantly, a unique policy variation in Germany allows us to isolate the income effect of a change in benefit generosity. We leverage this quasi-experimental policy...
Persistent link: https://www.econbiz.de/10015079924
, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the … full pensionable age generates the largest responses in labor supply and retirement behavior. -- Life Expectancy ; Public … Pension Reform ; Retirement ; Employment ; Life-cycle Models ; Consumption ; Tax and Transfer System …
Persistent link: https://www.econbiz.de/10009487897
For the design of the pension system, it is crucial to disentangle the employment responses related to the substitution effect and the income effect. In this paper, we provide causal evidence regarding the importance of the income effect, which is generally assumed to be small or non-existent....
Persistent link: https://www.econbiz.de/10012498417
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …
Persistent link: https://www.econbiz.de/10014480512
We estimate a dynamic structural life-cycle model of employment, non-employment and retirement that includes endogenous … a tax reform targeted at low income individuals on employment behavior and retirement decisions. -- Life-cycle labor …
Persistent link: https://www.econbiz.de/10003824120
This study uses German social security records to provide novel evidence about the heterogeneity in life expectancy by lifetime earnings and, additionally, documents the distributional implications of this earnings-related heterogeneity. We find a strong association between lifetime earnings and...
Persistent link: https://www.econbiz.de/10011746805