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Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in … particularly negatively affected by the abolition of early retirement options. To measure differences in labor market reactions of … increased the early retirement age for women from 60 to 63 years. Based on a large administrative dataset, we use a regression …
Persistent link: https://www.econbiz.de/10012659076
Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in … particularly negatively affected by the abolition of early retirement options. To measure differences in labor market reactions of … increased the early retirement age for women from 60 to 63 years. Based on a large administrative dataset, we use a regression …
Persistent link: https://www.econbiz.de/10012671878
This paper examines the effect of wealth on labour market behaviour. Providing convincing evidence on this relationship is challenging since wealth and labour supply may be endogenously determined. We overcome this by looking at wealth shocks in the form of inheritances, distinguishing between...
Persistent link: https://www.econbiz.de/10011455568
This study examines an increase in the early retirement age from 60 to 63 for the group of older unemployed men in … Germany. As consequence of this policy reform, the time to retirement is increased from the perspective of recently unemployed … risk of leaving the state unemployment into employment or into early retirement due to exceptional rules. We find a …
Persistent link: https://www.econbiz.de/10009722390
This study examines an increase in the early retirement age from 60 to 63 for the group of older unemployed men in … Germany. As consequence of this policy reform, the time to retirement is increased from the perspective of recently unemployed … risk of leaving the state unemployment into employment or into early retirement due to exceptional rules. We find a …
Persistent link: https://www.econbiz.de/10013083666
Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and … relationships between well-being and job satisfaction on the one hand and employment status and retirement, on the other, using …. There is no well-being premium for involuntary late-life work and self-employment compared to retirement, however. Our …
Persistent link: https://www.econbiz.de/10010251177
-pillar-system of public, occupational, and private pensions. In Germany, economists expect a pension gap for future retiree cohorts as … public pensions will decrease and private old age provision is low. In this paper we ask, whether this pension gap might lead … to the rise of a fourth pillar of retirement income: labor earnings. Using data from the German Socio-economic Panel, we …
Persistent link: https://www.econbiz.de/10009313606
To determine how wives' and husbands' retirement options affect their spouses' (and their own) labour supply decisions …, we exploit (early) retirement cutoffs by way of a regression discontinuity design. Several German pension reforms since … the early 1990s have gradually raised women's retirement age from 60 to 65, but also increased ages for several early …
Persistent link: https://www.econbiz.de/10014249245
We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...
Persistent link: https://www.econbiz.de/10014279704
We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...
Persistent link: https://www.econbiz.de/10014280148