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We study the effects of the recent increase in the statutory retirement age (SRA) in the Netherlands, using RDD and … retirement reform. The employment effect of the SRA reform is much larger for cohorts receiving less generous early retirement … benefits. Indeed, the level of employment before the SRA, together with the retirement hazard at the SRA, is key to …
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Typically economists arguing for flexible (or variable) retirement age, but they rely on steady state analysis. In this … paper we consider the replacement of a mandatory retirement system with a flexible one in real time. We show that even if … early retirement is duly punished, diminishing the effective retirement age by 1 year raises the first year's and the total …
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