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

Raymond Montizaan, Frank Cörvers and Andries de Grip

No 4462, IZA Discussion Papers from Institute of Labor Economics (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: retirement; natural experiment; training (search for similar items in EconPapers)
JEL-codes: J14 J24 J26 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2009-10
New Economics Papers: this item is included in nep-age and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Published - published in: Labour Economics, 2010, 17 (1), 240-247

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Related works:
Journal Article: The effects of pension rights and retirement age on training participation: Evidence from a natural experiment (2010)
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)
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