a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 … responses to becoming eligible for the early retirement scheme. Our results indicate that the probability of retiring … retiring at the same age with deductions. Second, we employ a coarsened exact matching procedure to compare retirement entry …

reduction. The elimination of other early retirement scheme in 2012 and slowly rising real wages made the program even more … popular: the lifetime benefit was maximized at the earliest retirement. Since 2016, real wages have been growing rather fast …; making delay attractive. Without being recognized, Female40 has become a boomerang: immediate retirement from 2014 causes …

changes in employment and long-term unemployment, early retirement as well as relative wages by age for Germany in the period …

retirement. This paper evaluates the causal effects of this reform on labor force participation and exit to retirement. We use …

retirement. This paper evaluates the causal effects of this reform on labor force participation and exit to retirement. We use …

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 …

This paper shows that increasing the normal retirement age and introducing pension deductions for retirement before … normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that … employers encouraged their employees to use the bridge options unemployment or partial retirement instead of the early …

. Policymakers have attempted to ensure the sustainability of these programs in recent decades by raising retirement ages. However …