In this paper we exploit a cohort-specific pension reform to estimate the causal labour market effects of changes in the financial incentives to retire. In particular, we analyze the effects of the introduction of cohort-specific deductions for early retirement on female retirement, employment...

Im Jahr 1999 wurde die sogenannte 'Altersrente für Frauen' für die Jahrgänge ab 1952 abgeschafft. Dadurch erhöhte sich das frühestmögliche Renteneintrittsalter für viele Frauen schlagartig von 60 auf 63 Jahre. In der vorliegenden Studie werden anhand von Daten der deutschen...

Die 'Rente mit 67' ist ein zentraler rentenpolitischer Baustein zur Bewältigung der Folgen des demografischen Wandels. Sie sieht vor, dass das Regelrenteneintrittsalter zwischen 2012 und 2031 von 65 auf 67 Jahre steigt. Allerdings geht diese Strategie nur dann auf, wenn es den Menschen gelingt,...

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...

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...

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...

This paper shows that labor demand plays an important role in the labor market reactions of older women affected by pension deductions for early retirement. Based on a large representative sample of the German workforce (SIAB), we calculate the consequences of individual financial incentive...

This paper shows that labor demand plays an important role in the labor market reactions of older women affected by pension deductions for early retirement. Based on a large representative sample of the German workforce (SIAB), we calculate the consequences of individual financial incentive...

Die „Rente mit 67“ ist ein zentraler rentenpolitischer Baustein zur Bewältigung der Folgen des demografischen Wandels. Sie sieht vor, dass das Regelrenteneintrittsalter zwischen 2012 und 2031 von 65 auf 67 Jahre steigt. Allerdings geht diese Strategie nur dann auf, wenn es den Menschen...

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...