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The unequal impact of raising the retirement age : employment response and program substitution

Ardito, Chiara - In: IZA Journal of Labor Economics 10 (2021) 1, pp. 1-37

Using high-frequency Italian administrative data, the author studies the heterogeneous effects of a reform raising the normal retirement age (NRA) from 60 years to 65 years for private-sector male employees. The analysis, based on a difference-in-differences (DD) method, shows that the NRA raise...

Persistent link: https://www.econbiz.de/10012815174

Early retirement provision for elderly displaced workers

Kruse, Herman; Myhre, Andreas - 2022

This paper studies the economic effects on re-employment and program substitution behavior among elderly displaced workers who exogenously lose eligibility for their early retirement option. We use detailed Norwegian matched employer-employee data containing information on bankruptcy dates and...

Persistent link: https://www.econbiz.de/10013341538

Affordable housing and individual labor market outcomes

Dauth, Wolfgang; Mense, Andreas; Wrede, Matthias - 2024

We investigate the employment effects of living in affordable housing. We develop a unique administrative data set of labor market biographies linked to affordable housing projects in five German cities. This allows us to follow individuals in affordable housing over almost 20 years. The funding...

Persistent link: https://www.econbiz.de/10015075862

The impact of easy and early access to old-age benefits on exits from the labour market : a macro-micro analysis

Gałecka-Burdziak, Ewa; Góra, Marek - In: IZA journal of European Labor Studies 5 (2016) 18, pp. 1-18

We examine whether easy and early access to old-age benefits induce older workers to become inactive. We use Polish LFS data. We find added worker effect prevailing over discouraged worker effect. The latter arises after a few quarters and is asymmetric. Females permanently leave the workforce....

Persistent link: https://www.econbiz.de/10011661405

Beware of the employer : financial incentives for employees may fail to prolong old age employment

Lorenz, Svenja; Pfister, Mona; Zwick, Thomas - 2020

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...

Persistent link: https://www.econbiz.de/10012167052

Closing routes to retirement : how do people respond?

Geyer, Johannes; Welteke, Clara - 2017

We present quasi-experimental evidence on the employment effects of an unprecedented large increase in the early retirement age (ERA). Raising the ERA has the potential to extend contribution periods and to reduce the number of pension beneficiaries at the same time, if employment exits are...

Persistent link: https://www.econbiz.de/10011630967

Closing routes to retirement : how do people respond?

Geyer, Johannes; Welteke, Clara - 2017

Persistent link: https://www.econbiz.de/10011641381

Impacts of the availability of old-age benefits on exits from the labour market

Gałecka-Burdziak, Ewa; Góra, Marek - 2015

Given human longevity, fertility, health and social developments, workers become inactive relatively early throughout Europe. This partially stems from older workers being pushed out of the labour market and from personal motivation to prefer benefits to wages. We focus on this latter effect and...

Persistent link: https://www.econbiz.de/10010513273

Labor market frictions and moving costs of the employed and unemployed

Ransom, Tyler - 2019

This paper examines the role of labor market frictions and moving costs in explaining the migration behavior of US … estimate a dynamic model of individual labor supply and migration decisions. The model incorporates a reduced-form search model … and allows for migration for non-market reasons. My estimates show that moving costs are substantial and that labor market …

Persistent link: https://www.econbiz.de/10011978361

Unemployment Accounts and Employment Incentives

Brown, Alessio J. G.; Orszag, Jonathan Michael; Snower, … - 2008

We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...

Persistent link: https://www.econbiz.de/10014058461