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retirement behavior as low-skilled Germans. The results are consistent with low-skilled workers in Germany being frozen in a …
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Population aging imposes a challenge for the public pension systems in many developed countries. The solvency of the pension system requires a broad set of policy measures. The paper addresses the following question: What are the macroeconomic consequences of increasing the social security...
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data and a large retirement reform, I document that parents' retirement significantly affects the labor supply of their … adult children. This inter-generational link is driven solely by mothers. Concretely, mothers' retirement permanently … earlier, suggesting an important role of informal childcare as a driving mechanism. Survey data confirm that retirement …
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This paper provides novel evidence on the labor supply response to negative income shocks in retirement, exploiting an …
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