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We study causal effects of two early retirement reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 63. Simultaneously, it became possible to use early retirement with benefit discounts. Reform 2 (ERA) increased the age of early retirement stepwise from 60 to 63. We...
Persistent link: https://www.econbiz.de/10012314949
Over the course of China's economic reforms, a pronounced divergence in the labor force participation patterns of rural and urban elders emerged – rural elders increased their rates of participation while urban elders reduced theirs. In this project, based on the data of the Chinese population...
Persistent link: https://www.econbiz.de/10013055896
. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 … empirical analysis suggest that this policy change reduced retirement by 19 percentage points among affected men and by 25 … percentage points among men and 10 percentage points among women, but had also a important spillover effects into the …
Persistent link: https://www.econbiz.de/10011344842
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The Lithuanian population is aging, and it causes many difficulties for public finances by increasing expenditures on health care, long-term care, and pensions, and also for the labor market by creating labor shortages. One of the ways to cope with demographic aging is to rise the employment...
Persistent link: https://www.econbiz.de/10012264520
normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that …
Persistent link: https://www.econbiz.de/10012167052
Persistent link: https://www.econbiz.de/10014306218
Leveraging two cohort-specific pension reforms, this paper estimates the forwardlooking effects of an exogenous increase in the working horizon on (un)employment behaviour for individuals with a long remaining statutory working life. Using differencein-differences and regression discontinuity...
Persistent link: https://www.econbiz.de/10014245855