Can Policy Facilitate Partial Retirement? Evidence from a Natural Experiment in Germany

Autor:	Mary K. Hamman, Matthew M. Piszczek, Christopher J. Ruhm, Peter Berg
Rok vydání:	2020
Předmět:	Organizational Behavior and Human Resource Management Incentive Natural experiment Public economics Management of Technology and Innovation Strategy and Management 0502 economics and business 05 social sciences Economics 050207 economics 050203 business & management
Zdroj:	ILR Review. 73:1226-1251
ISSN:	2162-271X 0019-7939
Popis:	In 1996, Germany introduced the Altersteilzeit (ATZ) policy, which provided incentives for partial retirement. Using linked establishment survey and administrative employment data, the authors estimate changes in part-time employment rates and retirement after ATZ. Among men, part-time work increased and retirements were postponed by at least 0.6 years without any displacement of full-time work. For women, the increases in working lives appeared to be even larger. These estimates are based on a nationally representative sample of firms. When analysis is restricted to a subset of firms with collective agreements covering partial retirement, and when the staggered timing of those agreements is used to identify estimates, the authors find extensions of working life of more than 1 year. Overall, these findings suggest that policies encouraging partial retirement may have potential for increasing the duration of working life.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::df0ce009794f6e8235d083f9fa4bc772 https://doi.org/10.1177/0019793920907320 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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