We study the welfare effects of disability insurance (DI) and derive social-optimality conditions for the two main DI policy parameters: (i) DI eligibility rules and (ii) DI benefits. Causal evidence from two DI reforms in Austria generate fiscal multipliers (total over mechanical cost...

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 studies how an increase in the minimum retirement age affects the labor market behavior of older workers. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 to 57.2 for women. Using administrative data on the...

This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 to 57.2 for women. Using administrative data on the...