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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
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
-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … document that the pension reform leads to a postponement of retirement, an increase in employment and a shifting in …
Persistent link: https://www.econbiz.de/10011558593
We present quasi-experimental evidence on the employment effects of an unprecedented large increase in the early … retirement age (ERA). Raising the ERA has the potential to extend contribution periods and to reduce the number of pension … beneficiaries at the same time, if employment exits are successfully delayed. However, workers may not be able to work longer or may …
Persistent link: https://www.econbiz.de/10011641381
We present quasi-experimental evidence on the employment effects of an unprecedented large increase in the early … retirement age (ERA). Raising the ERA has the potential to extend contribution periods and to reduce the number of pension … beneficiaries at the same time, if employment exits are successfully delayed. However, workers may not be able to work longer or may …
Persistent link: https://www.econbiz.de/10011630967
This research analyses retirement behaviour in Austria based on a combined administrative dataset. Data from the … comprehensive microsimulation model of the Austrian pension system is developed and applied to calculate retirement benefit …
Persistent link: https://www.econbiz.de/10010483218
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 … data from Hungary, a country where a number of hikes increased the retirement age between 1997 and 2009, this analysis …
Persistent link: https://www.econbiz.de/10010348302
We study the labor supply implications of the Old-Age Pension Act (OPA) of 1908, which, for the first time, provided pensions to older people in the UK. Using recently released census data covering the entire population, we exploit variation at the newly created age-based eligibility threshold....
Persistent link: https://www.econbiz.de/10012550293
In dieser Studie untersuchen wir wie das Arbeitsangebot und die gesellschaftliche Wohlfahrt auf die Einführung einer … Jahren erreichen. Dieser plötzliche Rückgang tritt erst nach Erreichen der Altersgrenze und erst nach der Umsetzung des OPA …
Persistent link: https://www.econbiz.de/10012206620
a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 … responses to becoming eligible for the early retirement scheme. Our results indicate that the probability of retiring … retiring at the same age with deductions. Second, we employ a coarsened exact matching procedure to compare retirement entry …
Persistent link: https://www.econbiz.de/10012230971