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This paper investigates the consequences of pension reform for life-cycle unemployment and retirement. We find that (i …) improving actuarial fairness in pension assessment not only boosts old age participation but also reduces unemployment among … and welfare; (iii) excluding unemployment benefits from the pension assessment base reduces unemployment, encourages later …
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changes in employment and long-term unemployment, early retirement as well as relative wages by age for Germany in the period … Sozioökonomischen Panels (SOEP) zur Entwicklung der Beschäftigung, langfristigen Arbeitslosigkeit, Frühverrentung und der …
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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...
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