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impact of partial retirement on employment will be simulated below. The results show that unrestricted access to partial … retirement can lead to an increase in employment volume and generate positive fiscal effects. The effects on employment are … could be achieved if people retire from the work force later in life. Partial retirement, the option to work part-time while …
Persistent link: https://www.econbiz.de/10011762779
normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that … retirement option for the long-term insured. Bridge options allowed employers to terminate employment considerably earlier than …This paper shows that increasing the normal retirement age and introducing pension deductions for retirement before …
Persistent link: https://www.econbiz.de/10012167052
force participation is related to both a decline in the take-up of early retirement among 60-64-year-olds, an increase in … the average age of entry to a retirement program, and an increase in the propensity of working after entering a retirement … unemployment before retirement, age and education. …
Persistent link: https://www.econbiz.de/10010251395
We estimate the labor force participation (LFP) response to the introduction of means-tested minimum pensions in the UK through the Old-Age Pension Act (OAP) of 1908. The OAP was a major social policy intervention and the first one to universally target older workers in a time of very limited...
Persistent link: https://www.econbiz.de/10012231954
decisive when making decisions about whether to take retirement or continue in employment. The legal regulations may … 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 …
Persistent link: https://www.econbiz.de/10011857713
Australia's "Transition to Retirement Income Streams" (TRIS) program aims to prolong labor force participation for … older workers (aged 55-65 years) by offering early access to a worker's compulsory retirement savings (superannuation …
Persistent link: https://www.econbiz.de/10014328822
This paper provides empirical evidence on the effect of changing the retirement age on employment. Base on individual …-7.4 percentage point increase in the 45 per cent employment rate at the retirement age for women. Changes in the normal retirement … data from Hungary, a country where a number of hikes increased the retirement age between 1997 and 2009, this analysis …
Persistent link: https://www.econbiz.de/10010348302
percentage points among affected women. The decline in retirement was accompanied by a sizeable increase in employment of 7 …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 …
Persistent link: https://www.econbiz.de/10011344842
unused production capacity. Costs due to early retirement measured in terms of forgone output averaged 6.3 percent of … and how early retirement programs came about, in order to understand better the roots of the problem …
Persistent link: https://www.econbiz.de/10014122665
increase in the working horizon on (un)employment behaviour for individuals with a long remaining statutory working life. Using … probability of employment, decreases the probability of unemployment, and increases the intensity of job search among the … unemployed. Heterogeneity analyses show that the demonstrated employment effects are strongest for women and in occupations with …
Persistent link: https://www.econbiz.de/10014245855