Changing incentives for early retirement - Causal evidence from a cohort based pension reform

Johannes Geyer, Barbara Engels and Peter Haan

VfS Annual Conference 2016 (Augsburg): Demographic Change from Verein für Socialpolitik / German Economic Association

Abstract: In this paper we exploit a cohort specific pension reform to estimate the causal employment effect of changes in the financial incentives to retire. In particular we analyze the effect of the introduction of pension deductions for early retirement on female employment. For the empirical analysis we use high-quality administrative data from the German Federal Pension Insurance (VSKT) and find positive and significant effects of the reform on employment.

JEL-codes: J14 J18 J26 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-age, nep-dem and nep-eur
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Pension Incentives and Early Retirement (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc16:145737

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