Despite a sequence of labor market reforms in recent years, employment of older workers in Germany is still lower than … market policy and social benefits. It can be shown that the institutional framework currently in place in Germany is …

The European Employment Strategy has set the goal of raising the retirement age of workers in the EU through a strategy …

Previous empirical studies on the effect of age on productivity and wages find contradicting results. Some studies find … that if workers grow older there is an increasing gap between productivity and wages, i.e. wages increase with age while … productivity does not or does not increase at the same pace. However, other studies find no evidence of such an age related pay …

Many pay-as-you-go pension systems have increased or plan to increase their legal retirement age (LRA) to address the …

In this paper we describe the hypothesis of effort-based career opportunities as a situation in which profit maximizing … firms create incentives for employees to work longer hours than the bargained ones, by making career prospects dependent on … working hours. When effortbased career opportunities are effective, they raise working time and output per worker reducing …

unionized follows an inverted U-shaped pattern in age with a maximum in the mid- to late 40s. By using a special test for an … inverted U-shaped pattern that has not been applied to the age-membership nexus before, and by constructing exact confidence … intervals for the maximum value, we demonstrate that at least for West Germany Blanchflower's hypothesis does not hold. Our …

mobility, we use changes over time in firm- and age-specific labor demand as an instrument for displacement. We find that wage …

job opportunities and job stability. This paper addresses this issue using administrative longitudinal data for Germany …-off is not confirmed by the results. In Germany, men have experienced an increase in employment stability over time, mated …