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We estimate the impact of parental health on adult children’s labor market out- comes. We focus on health shocks which increase care dependency abruptly. Our estimation strategy exploits the variation in the timing of shocks across treated families. Empirical results based on Austrian...
Persistent link: https://www.econbiz.de/10012292619
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
We present quasi-experimental evidence on the employment effects of an unprecedented large increase in the early retirement age (ERA). Raising the ERA has the potential to extend contribution periods and to reduce the number of pension beneficiaries at the same time, if employment exits are...
Persistent link: https://www.econbiz.de/10011630967
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 study examines an increase in the early retirement age from 60 to 63 for the group of older unemployed men in Germany. As consequence of this policy reform, the time to retirement is increased from the perspective of recently unemployed individuals and therefore serves as a source of...
Persistent link: https://www.econbiz.de/10009722390
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
Recent literature on long-term care looks at the substitutability of informal and professional home-based care arrangements. Other factors that influence the utilization of informal care instead of formal care have been ignored in conditional analyses so far. However, regressors that represent...
Persistent link: https://www.econbiz.de/10008934988
In diesem Papier wird der langfristige Einfluss von häuslicher Pflege auf das Arbeitsangebot von Frauen (bis zu acht …
Persistent link: https://www.econbiz.de/10011549653
We study the effect of unemployment on cognitive abilities among individuals aged between 50 and 65 in Europe. To this end, we exploit plant closures and use flexible event-study estimations together with an experimentally elicited measure of fluid intelligence, namely word recall. We find that,...
Persistent link: https://www.econbiz.de/10013411839
, Aging, and Retirement in Europe (SHARE) with full information on childhood and later life measures of health, educational …
Persistent link: https://www.econbiz.de/10011998811