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Determinanten des Rentenzugangs: Lockt der Ruhestand oder drängt der Arbeitsmarkt?

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  • Riphahn, Regina T.
  • Schmidt, Peter

Abstract

This paper analyses annual, age-specific retirement rates in Germany between 1971 and 1991. The time-series data show significant changes in overall and age-specific retirement behavior over the 21 year period. The literature provides two alternative explanations for the observed developments: One theory posits that employees took advantage of increasingly lenient eligibility conditions to leave the labor force and to seek early retirement (pull factors/supply side). The opposing position asserts that high unemployment caused early retirement (push factors/demand side). This study finds that institutional eligibility rules are strongly correlated with annual, age-specific retirement rates. In contrast, aggregate unemployment cannot explain the fluctuations in retirement rates over time.

Suggested Citation

  • Riphahn, Regina T. & Schmidt, Peter, 1995. "Determinanten des Rentenzugangs: Lockt der Ruhestand oder drängt der Arbeitsmarkt?," ZEW Discussion Papers 95-10, ZEW - Leibniz Centre for European Economic Research.
    • Handle: RePEc:zbw:zewdip:9510
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    Citations

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    Cited by:

    1. Pfister, Mona & Lorenz, Svenja & Zwick, Thomas, 2018. "Calculation of pension entitlements in the sample of integrated labour market biographies (SIAB)," FDZ Methodenreport 201801_en, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    2. Börsch-Supan, Axel, 2002. "Labor market effects of population aging," MEA discussion paper series 02011, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    3. repec:iab:iabfme:201801(en is not listed on IDEAS
    4. Axel Borsch-Supan, 1998. "Incentive Effects of Social Security on Labor Force Participation: Evidence in Germany and Across Europe," NBER Working Papers 6780, National Bureau of Economic Research, Inc.
    5. Lorenz, Svenja & Pfister, Mona & Zwick, Thomas, 2018. "Identification of the statutory retirement dates in the Sample of Integrated Labour Market Biographies (SIAB)," FDZ Methodenreport 201808_en, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    6. repec:iab:iabfme:201808(en is not listed on IDEAS
    7. Axel Borsch-Supan & Reinhold Schnabel, 1999. "Social Security and Retirement in Germany," NBER Chapters, in: Social Security and Retirement around the World, pages 135-180, National Bureau of Economic Research, Inc.
    8. Sikandar Siddiqui, 1997. "The impact of health on retirement behaviour: empirical evidence from West Germany," Health Economics, John Wiley & Sons, Ltd., vol. 6(4), pages 425-438, July.
    9. Axel Börsch-Supan & Reinhold Schnabel & Simone Kohnz & Giovanni Mastrobuoni, 2004. "Micro-Modeling of Retirement Decisions in Germany," NBER Chapters, in: Social Security Programs and Retirement around the World: Micro-Estimation, pages 285-344, National Bureau of Economic Research, Inc.
    10. Axel Boersch-Supan, 2001. "Labor Market Effects of Population Aging," NBER Working Papers 8640, National Bureau of Economic Research, Inc.

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