Labour Supply Effects of a Subsidised Old-Age Part-Time Scheme in Austria
Nikolaus Graf (),
Helmut Hofer and
Rudolf Winter-Ebmer
Additional contact information
Nikolaus Graf: Institute for Advanced Studies, Vienna, Austria
No 2009-06, NRN working papers from The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria
Abstract:
In this paper we evaluate the impact of the old-age part-time scheme (OAPT) on the Austrian labour market which was a policy to allow flexible retirement options for the elderly with an aim to increase labour 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 labour 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.
Keywords: evaluation of labour market programmes; labour supply of the elderly; nearest neighbour matching (search for similar items in EconPapers)
JEL-codes: C31 J14 J26 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2009-06
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 (10)
Downloads: (external link)
http://www.labornrn.at/wp/wp0906.pdf (application/pdf)
Related works:
Journal Article: Labor supply effects of a subsidized old-age part-time scheme in Austria (2011) 
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) 
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: https://EconPapers.repec.org/RePEc:jku:nrnwps:2009_06
Access Statistics for this paper
More papers in NRN working papers from The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria Contact information at EDIRC.
Bibliographic data for series maintained by René Böheim ().