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Tightening Access to Early Retirement: Who Can Adapt?

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  • Boockmann, Bernhard

    (Institut für Angewandte Wirtschaftsforschung (IAW))

  • Kroczek, Martin

    (Institut für Angewandte Wirtschaftsforschung (IAW))

  • Laub, Natalie

    (Institut für Angewandte Wirtschaftsforschung (IAW))

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.

Suggested Citation

  • Boockmann, Bernhard & Kroczek, Martin & Laub, Natalie, 2023. "Tightening Access to Early Retirement: Who Can Adapt?," IZA Discussion Papers 16292, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp16292
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    References listed on IDEAS

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    More about this item

    Keywords

    pension reforms; effect heterogeneity; occupational demands; occupational tasks;
    All these keywords.

    JEL classification:

    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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