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this huge increase on employment, unemployment, disability pensions, and inactivity rates. Our results suggest that the …
Persistent link: https://www.econbiz.de/10011630967
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
this huge increase on employment, unemployment, disability pensions, and inactivity rates. Our results suggest that the …
Persistent link: https://www.econbiz.de/10011641381
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
-employee data containing information on bankruptcy dates and individual-level wealth, income, pensions and social security benefits … findings are particularly policy relevant as tightening of age-limits for old-age pensions is on the agenda in several OECD …
Persistent link: https://www.econbiz.de/10013341538
Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and underemployment, aging populations, and unsustainable public pension systems in welfare states around the world. We examine the relationships between well-being and job satisfaction on...
Persistent link: https://www.econbiz.de/10010251177
Despite the increased frequency of job loss for older workers in Europe, little is known on its effect on the work-retirement decision. Employing individual data from the European Community Household Panel for Germany, Italy, Spain, and the U.K., a multivariate competing-risks hazard model is...
Persistent link: https://www.econbiz.de/10013316799
This paper studies the impact of raising the eligibility age of early retirement on the re-integration into the labor market of elderly unemployed workers. I exploit two Austrian pension reforms increasing the early retirement age step-wise for different quarter-of-birth cohorts. Empirical...
Persistent link: https://www.econbiz.de/10012316861
This study examines an increase in the early retirement age from 60 to 63 for the group of older unemployed men in Germany. As consequence of this policy reform, the time to retirement is increased from the perspective of recently unemployed individuals and therefore serves as a source of...
Persistent link: https://www.econbiz.de/10009722390
This study examines an increase in the early retirement age from 60 to 63 for the group of older unemployed men in Germany. As consequence of this policy reform, the time to retirement is increased from the perspective of recently unemployed individuals and therefore serves as a source of...
Persistent link: https://www.econbiz.de/10013083666