and potential program substitution in a regression-discontinuity framework. Germany abolished an important early … this huge increase on employment, unemployment, disability pensions, and inactivity rates. Our results suggest that the … reform increased both employment and unemployment rates of women age 60 and over. However, we do not find evidence for active …

and potential program substitution in a regression-discontinuity framework. Germany abolished an important early … this huge increase on employment, unemployment, disability pensions, and inactivity rates. Our results suggest that the … reform increased both employment and unemployment rates of women age 60 and over. However, we do not find evidence for active …

employment rate since workers also apply for more disability and unemployment benefits. Moreover, most of them simply retire …

substitution effects into unemployment, partial retirement, disability pension, or inactivity. Eligibility for the pension for …