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retirement from 67 to 62 for a group of workers. For the individuals we study, the expected present value of benefits was held …
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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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