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PRODID:https://www.diw.de/de/diw_01.c.806339.de/veranstaltungen.html
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UID:diw_01.c.523999.en
LOCATION:Eleanor-Dulles-Raum,DIW Berlin im Quartier 110,5.2.010,Anton-Wilhelm-Amo-Straße 58,10117 Berlin
SUMMARY:Labor Market Frictions and Retirement Timing in Germany – A Structural Model and Subsequent Ex-Ante Policy Evaluation
DESCRIPTION:12:30 - 13:30 // Losing a job after age 60 in Germany is virtually equivalent to the end of one’s working life. Roughly 25% of job exits after age 60 are involuntary with considerable variation along region, age, tenure and education. Considering this, I estimate a structural model of retirement timing in the presence of labor market frictions. A subsequent ex-ante policy analysis is meant to illustrate the likely consequences of shifting the regular retirement age to 67 (“Rente mit 67”) in terms of average retirement age. Scenarios without frictions provide an upper bound for the reaction potential of the work force and likely to overestimate the true effect.
DTSTART;VALUE=DATE:20160113
DTEND;VALUE=DATE:20160113
DTSTAMP:20160110T230000Z
URL:https://www.diw.de/en/diw_01.c.523999.en/events/labor_market_frictions_and_retirement_timing_in_germany_a_structural_model_and_subsequent_ex_ante_policy_evaluation.html
ORGANIZER;CN=Nicole Haase:mailto:nhaase@diw.de 
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