Showing 1 - 9 of 9
We analyze the impact of changing employment patterns and pension reforms on the future level of public pensions across … pensions across cohorts taking into account changing demographics and recent pension reforms. Simulations show that pension … increasing or stable due to rising labor market participation of younger birth cohorts. -- Public pensions ; cohort effects …
Persistent link: https://www.econbiz.de/10003945965
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
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
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
Dieses Papier stellt Modellrechnungen zur Entwicklung der Gesetzlichen Rentenversicherung (GRV) vor. Es beruht vorwiegend auf dem MEA-PENSIM Modell des Munich Center of the Economics of Aging (MEA) und ergänzend auf dem PENPRO-Modell des DIW. Das Modell projiziert aus Annahmen und Setzungen in...
Persistent link: https://www.econbiz.de/10012197899
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 analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort-specific pension reform for women using two complementary empirical approaches - a Regression Discontinuity Design and a Difference-in- Differences approach. The analysis is based on...
Persistent link: https://www.econbiz.de/10012671875
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