In this paper we evaluate the impact of the old-age part-time scheme (OAPT) on the Austrian labour market which was a policy to allow flexible retirement options for the elderly with an aim to increase labour supply. According to our matching estimates employment probability increases slightly,...

In 1996 Austria introduced a tax for the layoff of older workers, which was tightened in 2000. The regulation requires employers to pay a tax of up to 170 percent of the gross monthly income when they give notice to employees aged 50 or more. We use data from Austrian social security records to...

Das vorliegende Arbeitspapier untersucht Einstellungen und Verhaltensabsichten gegenüber älteren ArbeitnehmerInnen unter Berücksichtigung des Geschlechts von sowohl Einstellungssubjekt als auch -objekt. Hierzur wurde der "Beliefs About Older Workers Questionnaires" eingesetzt und erweitert....

Die demografische Entwicklung sowie die Heraufsetzung des Renteneintrittsalters werden in den nächsten Jahrzehnten dazu führen, dass der Anteil älterer Mitarbeiter in Unternehmen steigen wird. Gemäß der Defizithypothese bzw. des Defizitmodells wird unterstellt, dass ältere Mitarbeiter...

We model retirement behavior in Sweden during the 1990ies with focus on voluntary early retirement where there is an option for "buy-outs". An employer can offer the employees generous pension programs if the employee agrees on early retirement. Earlier studies have neglected such offers, but in...

The paper reviews large literature on retirement, keeping in mind the goal of finding a suitable model to the labour market of the older workers in Sweden. The review is divided into six sections. The first section explains the problems of defining retirement. The second section deals with a...

In this paper we investigate whether a relaxation in seniority rules (the last-in-first-out-principle) had any effect on firms' employment behaviour. Seniority rules exist in several countries and, like Sweden, most European countries have a more lenient employment protection for firms below a...

Following an era of a development towards earlier retirement, there has been a reversed trend to later exit from the labor market in Sweden since the late 1990s. We investigate whether or not there are potentials, with respect to health and work capacity of the population, for extending this...

This paper explores how extended unemployment insurance (UI) benefits targeted to older workers affect early retirement and social welfare. The trade-off of optimal UI between consumption smoothing and moral hazard requires accounting for the entire early retirement system, which often includes...