Veranstaltungen des DIW Berlin/
Events of DIW Berlin

9. Dez 2015

Cluster-Seminar Öffentliche Finanzen und Lebenslagen Labor supply and the pension system - Evidence from a Regression Kink Design

This paper uses a Regression Kink Design to estimate the labor supply effects of changes in the financial incentives for early retirement. In particular we examine the effect of the gradual introduction of pension deductions for early retirement according to the 1992 German pension reform on the actual retirement age of women eligible for women old-age pensions. This reform allows to exploit exogenous variation in  benefits using kinks in the schedule of pension benefits depending on the birth cohort. For the empirical analysis we use high-quality administrative data from the German Federal Pension Insurance (VSKT) and find positive and significant effects of the reform on the actual retirement age.

12:30 - 13:30
Eleanor-Dulles-Raum DIW Berlin im Quartier 110 Raum 5.2.010 Mohrenstraße 58 10117 Berlin
im DIW Berlin
Tel.: +49 30 89789 264