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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 …
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We evaluate the actual effectiveness of disincentives that have been introduced for early retirement in Germany. Therefore, we set up a detailed model of the German social security and tax system with special attention to the PAYG-pension system. Building on the fact that the institutional...
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