As much like other industrialized countries, in recent decades the employment rate in Germany for those aged 55 to 69 had been declining first to considerably rise again afterwards. This paper investigates the role of structural policy changes, in particular reforms of the pension system, since...

In the last decades, many governments have enacted flexible retirement reforms as a seemingly elegant way to increase older workers' labor supply. Börsch-Supan et al. (2018) use the synthetic control method to evaluate the effects of flexibility reforms from nine OECD countries that came into...

As much like other industrialized countries, in recent decades the employment rate in Germany for those aged 55 to 69 had been declining first to considerably rise again afterwards. This paper investigates the role of structural policy changes, in particular reforms of the pension system, since...