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Life expectancies are rapidly increasing and uncertain in all countries in Europe. To keep pension systems affordable, policy reforms are to be implemented which will encourage individuals to work longer. In this paper we analyze the impact of working and living longer on pension incomes in five...
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This study examines an increase in the early retirement age from 60 to 63 for the group of older unemployed men in … Germany. As consequence of this policy reform, the time to retirement is increased from the perspective of recently unemployed … risk of leaving the state unemployment into employment or into early retirement due to exceptional rules. We find a …
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