Population aging in many developed countries has motivated some governments to provide wage subsidies to employers for hiring or retaining older workers. The subsidies are intended to compensate for the gap between the pay and productivity of older workers, which may discourage their hiring. A...

This paper studies the evolution of early retirement due to disease and injury in the German labor force between 1988 and 2004. Using data from the German Federation of Public Pension Providers, the IMS Health Drug Launches database and the WHO Mortality Database, we show that new drug launches...

Im Zuge der Erhöhung des regulären Renteneintrittsalters auf 67 wird stärker individualisierten Formen des Altersübergangs – wie der (echten) Altersteilzeit und der im Rahmen der Rentenversicherung verfügbaren Teilrenten – in jüngerer Zeit wieder vermehrt Aufmerksamkeit geschenkt. Zwar...