Labor supply effects of a subsidized old-age part-time scheme in Austria

Nikolaus Graf, Helmut Hofer and Rudolf Winter-Ebmer
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Nikolaus Graf: Institute for Advanced Studies, Vienna

Zeitschrift für ArbeitsmarktForschung - Journal for Labour Market Research, 2011, vol. 44, issue 3, 217-229

Abstract: "In this paper we evaluate the impact of the old-age part-time scheme (OAPT) on the Austrian labor market which was a policy to allow flexible retirement options for the elderly with an aim to increase labor supply. According to our matching estimates, employment probability increases slightly; especially in the first two years after entrance into the programme. Furthermore, the programme seems to reduce the measured unemployment risk. However, the total number of hours worked is significantly reduced by OAPT. While the policy is meant to reduce early exit from the labor force by allowing part-time work, our analysis indicates that most workers substitute part-time work for full-time work and thus the overall effect is rather negative." (Author's abstract, IAB-Doku) ((en))

Keywords: Österreich; Berufsverlauf; Beschäftigungseffekte; Erwerbsverhalten; ältere Arbeitnehmer; Altersteilzeit; Arbeitskräfteangebot; Teilzeitarbeit; Arbeitszeitverteilung; 2000-2007 (search for similar items in EconPapers)
JEL-codes: C31 J14 J26 (search for similar items in EconPapers)
Date: 2011-03-25
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Citations: View citations in EconPapers (33)

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https://doi.org/10.1007/s12651-011-0072-8

Related works:
Working Paper: Labour Supply Effects of a Subsidised Old-Age Part-Time Scheme in Austria (2009)
Working Paper: Labour Supply Effects of a Subsidised Old-Age Part-Time Scheme in Austria (2009)
Working Paper: Labour Supply Effects of a Subsidised Old-Age Part-Time Scheme in Austria (2009)
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DOI: 10.1007/s12651-011-0072-8

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