The Effects of Pension Rights and Retirement Age on Training Participation: Evidence from a Natural Experiment

Raymond Michel Montizaan (), Frank Cörvers () and Andries de Grip ()
Additional contact information
Frank Cörvers: ROA, Maastricht University

No 4462, IZA Discussion Papers from Institute for the Study of Labor (IZA)

Abstract: This paper uses a natural experiment approach to identify the effects of an exogenous change in future pension benefits on workers' training participation. We use unique matched survey and administrative data for male employees in the Dutch public sector who were born in 1949 or 1950. Only the latter were subject to a major pension reform that diminished their pension rights. We find that this exogenous shock to pension rights postpones expected retirement and increases participation in training courses among older employees, although exclusively for those employed in large organizations.

Keywords: natural experiment; retirement; training (search for similar items in EconPapers)
JEL-codes: J14 J24 J26 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age and nep-lab
Date: 2009-10

Forthcoming in: Labour Economics

Downloads: (external link)
http://ftp.iza.org/dp4462.pdf (application/pdf)

Related works:
Working Paper: The effects of pension rights and retirement age on training participation: Evidence from a natural experiment (2009)
Working Paper: The effects of pension rights and retirement age on training participation: Evidence from a natural experiment (2009)
Working Paper: The effects of pension rights and retirement age on training participation: Evidence from a natural experiment (2009)
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: http://EconPapers.repec.org/RePEc:iza:izadps:dp4462

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute for the Study of Labor (IZA)
Address: IZA, P.O. Box 7240, D-53072 Bonn, Germany
Contact information at EDIRC.
Series data maintained by Mark Fallak ().