We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 …

We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 …

retirement age to 65 for both genders has a strong positive effect on sustainability of the pension system and keeps the deficit …

We propose a unified framework to measure the effects of different reforms of the pension system on retirement ages and … retirement decisions are explicitly modeled within a public pension system. Heterogeneity with respect to consumption preferences … behavior of households, we observe that feedback effects do occur. Results suggest that individual retirement decisions are …

We provide empirical evidence that the removal of work disincentives embedded in retirement earnings tests can increase … based on a reform of the Norwegian early retirement program, which entailed that adjacent birth cohorts were exposed to … completely different work incentives from age 62. The reform removed a strict retirement earnings test such that pension wealth …

future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement …

retirement age (ERA). Raising the ERA has the potential to extend contribution periods and to reduce the number of pension … retirement program for women born after 1951, effectively raising the ERA for women by three years. We analyze the effects of …

This paper studies the impact of raising the eligibility age of early retirement on the re-integration into the labor … market of elderly unemployed workers. I exploit two Austrian pension reforms increasing the early retirement age step … retirement age are systematically assigned to programs increasing their job application and job search skills, while workers more …

The aim of this study is to assess the impact of the ongoing harmonisation of the retirement age for women with that … for men on women's labour supply in Austria. According to the current legal framework, the standard retirement age for … women will be gradually raised from 60 to 65 years from 2024 onwards, with the retirement age being raised by 6 months each …