EconPapers    
Economics at your fingertips  
 

Can Policy Facilitate Partial Retirement? Evidence from Germany

Peter Berg, Mary K. Hamman, Matthew Piszczek and Christopher Ruhm ()

No 21478, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: In 1996, Germany introduced the Altersteilzeit (ATZ) law, which encouraged longer working lives through partial retirement incentives. Using matched pension system and establishment survey data, we estimate changes in part-time employment and retirement after ATZ. We find the policy induced growth in part-time work for men and extended men's expected duration of employment by 1.8 years. As the policy evolved to include an abrupt retirement option, the worklife gain for men fell to 1.2 years. Among women, part-time employment grew less and employment duration changed little initially but later declined by 0.2 years when abrupt retirement became available.

JEL-codes: J26 (search for similar items in EconPapers)
Date: 2015-08
Note: AG LS PE
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)
http://www.nber.org/papers/w21478.pdf (application/pdf)

Related works:
Working Paper: Can Policy Facilitate Partial Retirement? Evidence from Germany (2015) Downloads
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:nbr:nberwo:21478

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w21478

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2019-10-15
Handle: RePEc:nbr:nberwo:21478