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This paper provides empirical evidence on the effect of changing the retirement age on employment. Base on individual … data from Hungary, a country where a number of hikes increased the retirement age between 1997 and 2009, this analysis … the effect. Results suggest that the effect of the changes in early retirement age is substantial, amounting to 5 …
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reduction. The elimination of other early retirement scheme in 2012 and slowly rising real wages made the program even more … popular: the lifetime benefit was maximized at the earliest retirement. Since 2016, real wages have been growing rather fast …; making delay attractive. Without being recognized, Female40 has become a boomerang: immediate retirement from 2014 causes …
Persistent link: https://www.econbiz.de/10012012511
advocated policy response is to increase retirement age. Ironically, however, the political support for this policy may actually …) from pension reforms referenda, we show in fact that individuals close to retirement tend to oppose policies that postpone … retirement, whereas young and elderly individuals are more favorable. The current process of population aging, and the associated …
Persistent link: https://www.econbiz.de/10011882293
to making a choice on whether people at the age of retirement should be left with an unequivocal choice: either work and … pensioners in work and thus create an opportunity for people who receive a retirement pension to work as long as possible? The … discussion on this matter is significant, as the lowering of the retirement age is happening in Poland. Postponement of …
Persistent link: https://www.econbiz.de/10011857713
ability of older workers to work past the Social Security Early Retirement Age of 62. This issue arises because a possible … reform of Social Security could raise the early retirement age. This change might be made in conjunction with raising the … Normal Retirement Age in order to offset the reduction in annual benefits that workers would receive when retiring at the …
Persistent link: https://www.econbiz.de/10014198464
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This paper studies the impact of raising the eligibility age of early retirement on the re-integration into the labor … market of elderly unemployed workers. I exploit two Austrian pension reforms increasing the early retirement age step … retirement age are systematically assigned to programs increasing their job application and job search skills, while workers more …
Persistent link: https://www.econbiz.de/10012316861