This paper provides empirical evidence on the effect of changing the retirement age on employment. Base on individual … data from Hungary, a country where a number of hikes increased the retirement age between 1997 and 2009, this analysis … the effect. Results suggest that the effect of the changes in early retirement age is substantial, amounting to 5 …

-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 … unemployment over age rather than a substitution into unemployment. …

substitution effects into unemployment, partial retirement, disability pension, or inactivity. Eligibility for the pension for …Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in … particularly negatively affected by the abolition of early retirement options. To measure differences in labor market reactions of …