Mit "IP Neu" wurden 2014 Neuregelungen im Bereich der Invaliditätspension (IP) umgesetzt. Zielsetzung ist die verstärkte Arbeitsmarktintegration von gesundheitlich beeinträchtigten Menschen. Dazu wurde die befristete Invaliditäts- bzw. Berufsunfähigkeitspension abgeschafft und stattdessen...

This paper evaluates the 2003 Austrian severance-pay reform, often advocated as a role model for structural reforms in countries plagued by inflexible labor markets and high unemployment. The reform replaced a system with tenure-based severance payments after a layoff (but not after a quit) by...

We estimate the causal effect of permanent and premature exits from the labor force on mortality. To overcome the problem of negative health selection into early retirement, we exploit a policy change in unemployment insurance rules in Austria that allowed workers in eligible regions to exit the...

This paper explores the relationship between the duration of a vacancy and the starting wage of a new job, using unusually informative data comprising detailed information on vacancies, the establishments posting the vacancies and the workers eventually filling the vacancies. We find that...

Nonemployment is often posited as a worker's outside option in wage setting models such as bargaining and wage posting. The value of this state is therefore a fundamental determinant of wages and, in turn, labor supply and job creation. We measure the effect of changes in the value of...