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This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 to 57.2 for women. Using administrative data on the...
Persistent link: https://www.econbiz.de/10011344842
This paper shows that increasing the normal retirement age and introducing pension deductions for retirement before normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that employers encouraged their employees to use the bridge...
Persistent link: https://www.econbiz.de/10012167052
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 benefits from substantial variation in pension eligibility...
Persistent link: https://www.econbiz.de/10010348302
Persistent link: https://www.econbiz.de/10014574265
A rapid decrease in unemployment is a short-term priority to limit social problems and reduce the risk of rising structural unemployment. To this end, strengthening labour market policies to sustain labour demand is key. The public works programme should remain temporary and become more focused...
Persistent link: https://www.econbiz.de/10009690129
better manage aging workforces. In face of the different country situations, it becomes obvious that one size of policies … does not fit all. Independent of national policies, employability over the life cycle requires more attention. Regarding … future developments, several domains of organizational practices are indispensable for appropriately managing an aging …
Persistent link: https://www.econbiz.de/10012655200
The Danish labor market follows the trend in other countries of increasing labor force participation in the 60+ group. In Denmark, this increase has - until now - been most pronounced among 60-64-year-olds and among women. Increasing labor force participation is related to both a decline in the...
Persistent link: https://www.econbiz.de/10010251395
economic costs of demographic aging. …
Persistent link: https://www.econbiz.de/10012802062
The withdrawal of older workers from the labor force creates a variety of economic challenges, including an increase in unused production capacity. Costs due to early retirement measured in terms of forgone output averaged 6.3 percent of potential gross domestic product in the OECD in 1998....
Persistent link: https://www.econbiz.de/10014122665
Population ageing will lead to a smaller and older workforce. Looking forward, this means that growth will increasingly depend on ensuring the best use of Slovenian workers. This implies keeping older and experience workers longer in employment and better support difficult-to-employ low-skilled...
Persistent link: https://www.econbiz.de/10012421273