This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers …. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 … empirical analysis suggest that this policy change reduced retirement by 19 percentage points among affected men and by 25 …

activity not only decreases the participation rate by inducing early retirement, but also badly affects the employment rate of … older workers just before early retirement age. Countries with an early retirement age at 60 also have lower employment … significantly affected by the distance from retirement, in addition to age and other relevant variables. We then extend McCall …

future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement …

retirement incentives. Using matched pension system and establishment survey data, we estimate changes in part-time employment … and retirement after ATZ. We find the policy induced growth in part-time work for men and extended men's expected duration … of employment by 1.8 years. As the policy evolved to include an abrupt retirement option, the worklife gain for men fell …

We present quasi-experimental evidence on the effects of increasing the Early Retirement Age (ERA) on older workers …' retirement decisions. The analysis is based on social security reforms in Austria in 2000 and 2004, and administrative data …

In this paper, we use a recent policy change in the Netherlands to study how changes in search requirements for the … older unemployed affect their transition rates to employment, early retirement and sickness/disability benefits. The reform …

Using data from a stated preferences experiment in the Netherlands, we find that replacing full-time pension schemes … with schemes that offer gradual retirement opportunities induce workers to retire one year later on average. Total life …-time labour supply, however, decreases with 3.4 months because the positive effect of delayed retirement on labour supply is …

Despite the increased frequency of job loss for older workers in Europe, little is known on its effect on the work-retirement … transitions into re-employment and retirement. The findings suggest that in countries with institutional provisions for older … unemployed which offer a pathway to early retirement such as, Germany and Spain, older displaced workers exhibit lower re …

We study effects of financial incentives on the retirement age using stated preference data. Dutch survey respondents … were given hypothetical retirement scenarios describing age(s) of (partial and full) retirement and replacement rate(s). A … the income and substitution effects of pensions as a function of the retirement age are substantial and larger than …

pension rights. We find that this exogenous shock to pension rights postpones expected retirement and increases participation …