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In this study, I investigate the effect of partial retirement at the firm level on older workers' labor participation …. Thereby, I contribute to the controversial debate about the effects of partial retirement. Using detailed administrative … employer-employee data from Germany, I exploit the introduction of partial retirement options in Germany related to the law on …
Persistent link: https://www.econbiz.de/10012802062
standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the … minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …-income workers to retire as soon as they become eligible for the program, which is often earlier than the normal retirement age. …
Persistent link: https://www.econbiz.de/10011420305
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 …
Persistent link: https://www.econbiz.de/10014445286
We estimate the labor force participation (LFP) response to the introduction of means-tested minimum pensions in the UK through the Old-Age Pension Act (OAP) of 1908. The OAP was a major social policy intervention and the first one to universally target older workers in a time of very limited...
Persistent link: https://www.econbiz.de/10012231954
normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that … retirement option for the long-term insured. Bridge options allowed employers to terminate employment considerably earlier than …This paper shows that increasing the normal retirement age and introducing pension deductions for retirement before …
Persistent link: https://www.econbiz.de/10012167052
Persistent link: https://www.econbiz.de/10003830513
Persistent link: https://www.econbiz.de/10008666451
longer in paid work. This report seeks to understand how patterns of employment and retirement have changed, both before and …This report is designed to provide new evidence on retirement patterns in the UK, as part of the Pensions Review, a … financial security in retirement. Understanding patterns of retirement at older ages is key to understanding the challenges …
Persistent link: https://www.econbiz.de/10014414238
Population aging in advanced economies could have significant macroeconomic implications, unless more individuals choose to participate in labor markets. In this context, the steep increase in the share of older workers who remain economically active since the mid1990s is an overlooked yet...
Persistent link: https://www.econbiz.de/10012417615