To determine how wives’ and husbands’ retirement options affect their spouses’ (and their own) labour supply decisions, we exploit (early) retirement cutoffs by way of a regression discontinuity design. Several German pension reforms since the early 1990s have gradually raised women’s retirement age from 60 to 65, but also increased ages for several early retirement pathways affecting both sexes. We ...
Using detailed data from a unique survey of high school graduates in Germany, we document a gender gap in expected full-time earnings of more than 15%. We decompose this early gender gap and find that especially differences in coefficients help explain different expectations. In particular, the effects of having time for family as career motive and being first-generation college student are associated ...
This paper examines how households adjust their savings and consumption expenditure in response to an anticipated increase in the early retirement age (ERA). We examine the 1999 pension reform in Germany, which increased the ERA for women born after 1951 by at least three years. First, we present suggestive evidence that women update their retirement planning in response to the reform. Using the German ...
Our paper analyzes the role of public employment agencies in job matching, in particular the effects of the restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment. Based on two microeconomic datasets, we show that the market share of the Federal Employment Agency as job intermediary declined after the Hartz reforms. We propose ...
Wenn Eltern arbeitslos werden, hat das in mehrerlei Hinsicht Konsequenzen – nicht nur für sie selbst, sondern auch für ihr Umfeld. Dieser Bericht geht auf Basis von Daten des Sozio-oekonomischen Panels (SOEP) der Frage nach, welchen Einfluss die Arbeitslosigkeit von Eltern in der Grundschulphase ihrer Kinder auf deren Bildungsergebnisse hat. Dafür werden Bildungsverläufe von Kindern, von denen ein ...