Arbeitspapier
Financial Incentives to Postpone Retirement and Further Effects on Employment - Evidence from a Natural Experiment
This paper examines the effect of the introduction of permanent benefit reductions for early retirees (i) on the duration until retirement entry and (ii) on the duration until exit from gainful employment. I estimate discrete time duration models using different error term specifications. Administrative data containing the full earnings history of the individuals are used. Since the reform implementing the benefit reductions was a natural experiment, a true causal effect can be identified. The permanent reduction of retirement benefit amounts causes a postponement of retirement entry by about fifteen months and a delay of employment exit by about nine months on average.
- Sprache
-
Englisch
- Erschienen in
-
Series: BGPE Discussion Paper ; No. 54
- Klassifikation
-
Wirtschaft
Social Security and Public Pensions
Retirement; Retirement Policies
- Thema
-
retirement insurance
labor force participation
natural experiment
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hanel, Barbara
- Ereignis
-
Veröffentlichung
- (wer)
-
Friedrich-Alexander-Universität Erlangen-Nürnberg, Bavarian Graduate Program in Economics (BGPE)
- (wo)
-
Nürnberg
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hanel, Barbara
- Friedrich-Alexander-Universität Erlangen-Nürnberg, Bavarian Graduate Program in Economics (BGPE)
Entstanden
- 2008
Ähnliche Objekte (12)
Health, Financial Incentives and Retirement in Spain
The Importance of Financial Incentives on Retirement Choices
Financial incentives and the timing of retirement: evidence from Switzerland
Financial Incentives and the Timing of Retirement: Evidence from Switzerland
New Evidence on Financial Incentives and the Timing of Retirement
Financial incentives and the timing of retirement: evidence from Switzerland
Interactions Between Financial Incentives and Health in the Early Retirement Decision
Are financial retirement incentives more effective if pension knowledge is high?
Health, financial incentives, and early retirement: Micro-simulation evidence for Germany
Pathways to retirement and the role of financial incentives in Sweden
Nonparametric Evidence on the Effects of Financial Incentives on Retirement Decisions
Health, financial incentives, and early retirement: Micro-simulation evidence for Germany
Health, Financial Incentives and Retirement in Spain
The Importance of Financial Incentives on Retirement Choices
Financial incentives and the timing of retirement: evidence from Switzerland
Financial Incentives and the Timing of Retirement: Evidence from Switzerland
New Evidence on Financial Incentives and the Timing of Retirement
Financial incentives and the timing of retirement: evidence from Switzerland
Interactions Between Financial Incentives and Health in the Early Retirement Decision
Are financial retirement incentives more effective if pension knowledge is high?
Health, financial incentives, and early retirement: Micro-simulation evidence for Germany
Pathways to retirement and the role of financial incentives in Sweden
Nonparametric Evidence on the Effects of Financial Incentives on Retirement Decisions
Health, financial incentives, and early retirement: Micro-simulation evidence for Germany
Health, Financial Incentives and Retirement in Spain
The Importance of Financial Incentives on Retirement Choices
Financial incentives and the timing of retirement: evidence from Switzerland
Financial Incentives and the Timing of Retirement: Evidence from Switzerland
New Evidence on Financial Incentives and the Timing of Retirement
Financial incentives and the timing of retirement: evidence from Switzerland
Interactions Between Financial Incentives and Health in the Early Retirement Decision
Are financial retirement incentives more effective if pension knowledge is high?
Health, financial incentives, and early retirement: Micro-simulation evidence for Germany
Pathways to retirement and the role of financial incentives in Sweden
Nonparametric Evidence on the Effects of Financial Incentives on Retirement Decisions