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retirement age (FRA) of individuals with a long contribution history by up to two years and framed the new FRA as reference age … for retirement. Using administrative data from public pension insurance accounts, we first document a substantial bunching …
Persistent link: https://www.econbiz.de/10014356601
We investigate health and aging before and after retirement for specific occupational groups. We use five waves of the … Survey of Health, Aging, and Retirement in Europe (SHARE) and construct a frailty index for elderly men and women from 10 … health deficits faster than workers from the second (high status) group. We instrument retirement by statutory retirement …
Persistent link: https://www.econbiz.de/10013323092
This paper develops a general equilibrium life-cycle model with endogenous retirement and disability risk, in order to … analysis focus on the increase in the normal retirement age (NRA) from age 65 to 67 (Reform 2007) and the recent increase in … early retirement benefits in the future …
Persistent link: https://www.econbiz.de/10014264162
increasing the standard and early retirement ages in a discretionary, scheduled, or automatic way, and by making it harder for … people to retire prematurely. To this end, countries have adopted alternative retirement age strategies, but our analyses … methods that underestimate life expectancy. This paper discusses how to implement automatic indexation of the retirement age …
Persistent link: https://www.econbiz.de/10013314670
We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...
Persistent link: https://www.econbiz.de/10014356483
We investigate the impact on pension take-up and labour supply of a broad Norwegian pension reform. Focussing on the long term impact, we use a structural discrete choice model estimated on data for first groups to become eligible for the new pension, accounting for the opportunity cost of...
Persistent link: https://www.econbiz.de/10012866558
restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment … Employment Agency did not contribute to the decline in unemployment in Germany. By contrast, improved activation of unemployed …Our paper analyzes the role of public employment agencies in job matching, in particular the effects of the …
Persistent link: https://www.econbiz.de/10014358809
The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime …
Persistent link: https://www.econbiz.de/10013316657
concave redistribution may or may not be reversed. With couples only, the ranking of gender retirement ages is always reversed … singles only this implies distortions of retirement decision and restricts redistribution across genders. With couples, a … first best that implies a lower retirement age for females can be implemented by a gender-neutral system. Otherwise, gender …
Persistent link: https://www.econbiz.de/10013224069
employment prospects. We rely on exact matching to compare workers displaced due to firm closure with similar non …-displaced workers. We then use a difference-in-difference strategy to analyze employment and earnings of older relative to prime … lower re-employment probabilities as compared to prime-age workers but later they catch up. While among the young the …
Persistent link: https://www.econbiz.de/10010264225