Arbeitspapier

Intertemporal Substitution in Labor Force Participation: Evidence from Policy Discontinuities

This paper presents new empirical evidence on intertemporal labor supply elasticities. We use administrative data on the census of private sector employees in Austria and variation from mandated discontinuous changes in retirement benefits from the Austrian pension system. We first present graphical evidence documenting delays in retirement in response to the policy discontinuities. Next, based on the empirical evidence, we develop a model of career length decisions. Using an estimator that exploits the graphical evidence, we estimate an intertemporal labor supply elasticity of 0:30; this relatively low estimate reflects that the disutility of labor supply rises relatively quickly with additional years of work.

Language: Englisch

Bibliographic citation: Series: NRN Working Paper, NRN: The Austrian Center for Labor Economics and the Analysis of the Welfare State ; No. 1011

Classification: Wirtschaft
Health Behavior
Health: Government Policy; Regulation; Public Health
Economics of Gender; Non-labor Discrimination

Subject: mortality
gender differential
causes of death
life expectancy
Austria

Event: Geistige Schöpfung

(who): Manoli, Dayanand
Weber, Andrea

Event: Veröffentlichung

(who): Johannes Kepler University Linz, NRN - The Austrian Center for Labor Economics and the Analysis of the Welfare State

(where): Linz

(when): 2010

Handle: http://hdl.handle.net/10419/115053

Last update: 10.03.2025, 11:44 AM CET

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Object type

Arbeitspapier

Associated

Manoli, Dayanand
Weber, Andrea
Johannes Kepler University Linz, NRN - The Austrian Center for Labor Economics and the Analysis of the Welfare State

Time of origin

2010

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