Working longer, working stronger? : the forward-looking effects of increasing the retirement age on (un)employment behaviour
Niklas Gohl
| Year of publication: |
[2023]
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|---|---|
| Authors: | Gohl, Niklas |
| Publisher: |
Potsdam : Universität Potsdam |
| Subject: | retirement policies | employment | DiD | Altersgrenze | Retirement | Ältere Arbeitskräfte | Older workers | Erwerbstätigkeit | Employment | Arbeitsangebot | Labour supply | Arbeitsmarktpolitik | Labour market policy | Rentenreform | Pension reform | Flexible Altersgrenze | Flexible retirement |
freely available
| Extent: | 1 Online-Ressource (62 Seiten, 822 KB) Illustrationen |
|---|---|
| Series: | CEPA discussion papers. - Potsdam : Center for Economic Policy Analysis, University of Potsdam, ISSN 2628-653X, ZDB-ID 2969685-9. - Vol. no. 63 (March 2023) |
| Type of publication: | Book / Working Paper |
| Type of publication (narrower categories): | Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper |
| Language: | English |
| Notes: | Leveraging two cohort-specific pension reforms, this paper estimates the forward-looking effects of an exogenous increase in the working horizon on (un)employment behaviour for individuals with a long remaining statutory working life. Using difference-in-differences and regression discontinuity approaches based on administrative and survey data, I show that a longer legal working horizon increases individuals’ subjective expectations about the length of their work life, raises the probability of employment, decreases the probability of unemployment, and increases the intensity of job search among the unemployed. Heterogeneity analyses show that the demonstrated employment effects are strongest for women and in occupations with comparatively low physical intensity, i.e., occupations that can be performed at older ages. |
| Other identifiers: | 10.25932/publishup-58527 [DOI] |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014245596