The effects of the increase in the retirement age in the Netherlands

Egbert Jongen, Simon Rabate and Tilbe Atav

No 408, CPB Discussion Paper from CPB Netherlands Bureau for Economic Policy Analysis

Abstract: The increase in the statutory retirement age reduced the number of pensioners. About one third of this drop results in additional employment. Net savings for the government are about 80% of direct savings on retirement (AOW) benefits. These are the main findings of the discussion paper ‘The effects of the increase in the retirement age in the Netherlands’. In this paper CPB studies the effects of the recent increases in the statutory retirement age. In the empirical analysis we use differences-in-differences, looking at the labour market outcomes of different birth cohorts that face different statutory retirement ages, and administrative data. The findings of this research have been used in the background document (in Dutch) `Arbeidsparticipatie en gewerkte uren tot en met 2060’.

JEL-codes: J14 J26 (search for similar items in EconPapers)
Date: 2019-12
New Economics Papers: this item is included in nep-age, nep-eur and nep-lma
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Persistent link: https://EconPapers.repec.org/RePEc:cpb:discus:408

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