The effect of firms' partial retirement policies on the labour market outcomes of their employees

Martin Huber, Michael Lechner and Conny Wunsch

No 1316, Economics Working Paper Series from University of St. Gallen, School of Economics and Political Science

Abstract: In this paper, we assess the impact of firms introducing part-time work schemes for gradual labour market exit of elderly workers on their employees’ labour market outcomes. The analysis is based on unique linked employer-employee data that combine high-quality survey and administrative data. Our results suggest that partial or gradual retirement options offered by firms are an important tool to alleviate the negative effects of low labour market attachment of elderly workers in ageing societies. When combined with financial incentives to hire unemployed or young jobseekers as replacement, they seem to be particularly beneficial, especially when labour market conditions are difficult. Under such circumstances, they can even have positive spill-over effects on younger workers. Firms should thus be encouraged to offer such schemes.

Keywords: part-time work; elderly employees; treatment effects; matching (search for similar items in EconPapers)
JEL-codes: C21 J14 J26 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2013-08
New Economics Papers: this item is included in nep-age, nep-bec, nep-dem, nep-eur, nep-hrm, nep-lab and nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://ux-tauri.unisg.ch/RePEc/usg/econwp/EWP-1316.pdf (application/pdf)

Related works:
Working Paper: The effect of firms' partial retirement policies on the labour market outcomes of their employees (2014)
Working Paper: The effect of firms' partial retirement policies on the labour market outcomes of their employees (2013)
Working Paper: The Effect of Firms' Partial Retirement Policies on the Labour Market Outcomes of their Employees (2013)
Working Paper: The effect of firms' partial retirement policies on the labour market outcomes of their employees (2013)
Working Paper: The Effect of Firms' Partial Retirement Policies on the Labour Market Outcomes of Their Employees (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:usg:econwp:2013:16

Access Statistics for this paper

More papers in Economics Working Paper Series from University of St. Gallen, School of Economics and Political Science Contact information at EDIRC.
Bibliographic data for series maintained by ().