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The paper studies the impact from variations in unemployment on retirement among older workers. We integrate … unemployment variations with early retirement programs and other pathways out of the labor force. The paper describes retirement … unemployment on the retirement decision. Unemployment is found highly significant and quantitatively important for the retirement …
Persistent link: https://www.econbiz.de/10013106634
The paper studies the impact from variations in unemployment on retirement among older workers. We integrate … unemployment variations with early retirement programs and other pathways out of the labor force. The paper describes retirement … unemployment on the retirement decision. Unemployment is found highly significant and quantitatively important for the retirement …
Persistent link: https://www.econbiz.de/10009537650
Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and … relationships between well-being and job satisfaction on the one hand and employment status and retirement, on the other, using …. There is no well-being premium for involuntary late-life work and self-employment compared to retirement, however. Our …
Persistent link: https://www.econbiz.de/10010251177
We investigate the unemployment pathway to retirement in Germany and study the causal effects of two early retirement … unemployment, and shifted to alternative pathways into retirement. The overall use of the retirement system declined by about 1 … reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 65. Simultaneously, it became possible to use …
Persistent link: https://www.econbiz.de/10012745216
We investigate the unemployment pathway to retirement in Germany and study the causal effects of two early retirement … unemployment, and shifted to alternative pathways into retirement. The overall use of the retirement system declined by about 1 … reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 65. Simultaneously, it became possible to use …
Persistent link: https://www.econbiz.de/10012697080
postponed retirement, stayed employed longer, postponed unemployment, and shifted to alternative pathways into retirement. The …We study causal effects of two early retirement reforms. Reform 1 (NRA) increased normal retirement age stepwise from … 60 to 63. Simultaneously, it became possible to use early retirement with benefit discounts. Reform 2 (ERA) increased the …
Persistent link: https://www.econbiz.de/10012314949
unemployment benefits for older workers helps explain the low rate of employment just before the early retirement age. Decreasing … activity not only decreases the participation rate by inducing early retirement, but also badly affects the employment rate of … older workers just before early retirement age. Countries with an early retirement age at 60 also have lower employment …
Persistent link: https://www.econbiz.de/10003283431
normal retirement age (NRA) from 60 years to 65 years for private-sector male employees. The analysis, based on a difference … employment rate since workers also apply for more disability and unemployment benefits. Moreover, most of them simply retire …
Persistent link: https://www.econbiz.de/10012815174
unemployment benefits for older workers helps explain the low rate of employment just before the early retirement age. Decreasing … activity not only decreases the participation rate by inducing early retirement, but also badly affects the employment rate of … older workers just before early retirement age. Countries with an early retirement age at 60 also have lower employment …
Persistent link: https://www.econbiz.de/10012780624
phased retirement, in which older workers reduce their work hours with their current employer to transition into retirement …, has been cited by retirement experts as one way to mitigate this loss. While about a quarter of workers aged 61 to 66 had … planned to reduce hours as they transitioned to retirement, our analysis showed that fewer than 15 percent subsequently …
Persistent link: https://www.econbiz.de/10012944426