Tightening Access to Early Retirement: Who Can Adapt?

Bernhard Boockmann (), Martin Kroczek () and Natalie Laub ()
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Bernhard Boockmann: Institut für Angewandte Wirtschaftsforschung (IAW)
Martin Kroczek: Institut für Angewandte Wirtschaftsforschung (IAW)
Natalie Laub: Institut für Angewandte Wirtschaftsforschung (IAW)

No 16292, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: We study heterogeneity in the effects of two pension reforms in Germany that closed pathways into early retirement: the abolition of an old-age pension scheme for women and the abolition of a pension after unemployment or part-time work. We focus on heterogeneity with respect to several occupational characteristics. Both reforms had significant effects on individual employment states, and in both cases the effects differ significantly by occupation. The positive effect on employment is smaller in occupations with higher job strain and, in case of the old-age pension for women, the effect on unemployment is larger. The effects also differ by occupational tasks, PC use and the introduction of new technologies.

Keywords: pension reforms; effect heterogeneity; occupational demands; occupational tasks (search for similar items in EconPapers)
JEL-codes: J18 J22 J26 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2023-07
New Economics Papers: this item is included in nep-age, nep-eur and nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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