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This paper provides empirical evidence on the effect of changing the retirement age on employment. Base on individual …-7.4 percentage point increase in the 45 per cent employment rate at the retirement age for women. Changes in the normal retirement … age do not seem to have such employment effect because increases in disability pension claims have counteracted them. …
Persistent link: https://www.econbiz.de/10010348302
This study provides novel evidence about the pension wealth elasticity of employment. For the identification we exploit … tax rate of employment. We use a difference-in-differences estimator based on administrative data from the German pension … insurance and find that, on average, the negative employment effect of pension wealth is significant and economically important …
Persistent link: https://www.econbiz.de/10013472034
Persistent link: https://www.econbiz.de/10013479633
This study provides novel evidence about the pension wealth elasticity of employment. For the identification we exploit … tax rate of employment. We use a difference-in-differences estimator based on administrative data from the German pension … insurance and find that, on average, the negative employment effect of pension wealth is significant and economically important …
Persistent link: https://www.econbiz.de/10014476768
This study provides novel evidence about the pension wealth elasticity of employment. For the identification we exploit … tax rate of employment. We use a difference-in-differences estimator based on administrative data from the German pension … insurance and find that, on average, the negative employment effect of pension wealth is significant and economically important …
Persistent link: https://www.econbiz.de/10014370431
This study provides novel evidence about the pension wealth elasticity of employment. For the identification we exploit … tax rate of employment. We use a difference-in-differences estimator based on administrative data from the German pension … insurance and find that, on average, the negative employment effect of pension wealth is significant and economically important …
Persistent link: https://www.econbiz.de/10014088379
reasons: first, it has low rates of female employment and little formal child care provision, and second, it has undergone … of flexible, low-cost child care, could have unintended negative consequences for the employment rates of women with …
Persistent link: https://www.econbiz.de/10012054718
Persistent link: https://www.econbiz.de/10000375070
Many pay-as-you-go pension systems have increased or plan to increase their legal retirement age (LRA) to address the financial consequences of ageing. Although the success of these policies is ultimately determined at the labour market, little is known about the effects of higher LRAs at the...
Persistent link: https://www.econbiz.de/10003847144
We investigate the responsiveness of individual retirement decisions to changes in financial incentives. A reform increased women's normal retirement age (NRA) in two steps from age 62 to age 63 first and then to age 64. At the same time retirement at the previous NRA became possible at a...
Persistent link: https://www.econbiz.de/10009535096