Arbeitspapier

Increasing the Effective Retirement Age: Key Factors and Interaction Effects

We study the effects of the recent increase in the statutory retirement age (SRA) in the Netherlands, using RDD and rich administrative data on the universe of the Dutch population. We find large interaction effects with a preceding early retirement reform. The employment effect of the SRA reform is much larger for cohorts receiving less generous early retirement benefits. Indeed, the level of employment before the SRA, together with the retirement hazard at the SRA, is key to understanding the effects of retirement age reforms. Our results further point to a big role for automatic job termination in the Netherlands.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 14150

Classification
Wirtschaft
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Retirement; Retirement Policies
Subject
social insurance
employment
statutory retirement age
bunching
Netherlands

Event
Geistige Schöpfung
(who)
Atav, Tilbe
Jongen, Egbert L. W.
Rabat, Simon
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2021

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Atav, Tilbe
  • Jongen, Egbert L. W.
  • Rabat, Simon
  • Institute of Labor Economics (IZA)

Time of origin

  • 2021

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