Workers in demanding jobs may be particularly negatively affected by an increasing statutory retirement age. We exploit a pension reform that raised the early retirement age of women from 60 to 63 years in Germany. Based on a large administrative social security data set we exploit the quasi-natural experiment using a regression-discontinuity approach. We find the same relative employment...
This study examines the relationship between air quality alerts and school absenteeism in New York City. Examining the effects of the alerts in school attendance is relevant because it helps us understand parents' avoidance behavior in situations of exacerbated exposure to air contaminants. Causality arises by exploiting the deterministic nature of the alerts with regression discontinuity...
Concerns about inequality and questions of social justice and cohesion have re-entered the public arena and animate debate, provoked by the recent rapid increases in cross-sectional inequality. While much has been learnt from the literature on inequality, Deaton (2015) has outlined in his Nobel lecture several imperatives that are key to understanding inequalities and formulating welfare-enhancing...
We combine unique data that include all practitioner health diagnoses based on the International Classification of Diseases (ICD-10) collected from all publicly insured individuals in Germany with a sizable cohort specific pension reform to study the causal effect of an increase in the retirement age on health. For the analysis, we use a cohort specific regression discontinuity design. The...
The Green Guarantee Pension is designed to ensure that people who have worked the majority of their lives, brought up children, looked after other people or have acquired other rights under the statutory pension insurance (Gesetzliche Rentenversicherung) receive a pension in old age that is above the means-tested basic pension. The Guarantee Pension increases pension entitlements within the...
We conduct a stated preference experiment to analyze the effects of pension incentives, increasing retirement age, and provision of a partial retirement scheme on individuals’ preferences to work parttime and full-time beyond the early and legal retirement ages. We conduct the experiment in Germany, the Netherlands, South Korea, and the United States for an international comparative analysis.
We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 for women born after 1951. We use a regression discontinuity design which exploits the strong increase in the ERA between women born in 1951 and 1952. The analysis is based on the German microcensus which includes about 370,000 households per year. We focus on heterogeneous labor market ...
As the German constitution aims for equal living conditions, a huge number of political measures to enhance the conditions in the new states were undertaken after unification (known as the “Aufbau Ost”). In the new states, expenditure per capita rose significantly over the average expenditure of the old states and their municipalities and huge budget deficits occurred. Beginning in the mid-1990s, expenditure ...
This paper analyzes the impact of women's retirement on their informal care provision. Using SOEP data, we address fundamental endogeneity problems by exploiting variation in the German pension system in two complementary ways. We find a significant effect of retirement on informal care provision, when using early retirement age thresholds as instruments. Heterogeneity analyses confirm the underlying ...
Retired parents might invest time into their adult children by providing childcare. Such intergenerational time transfers can have important implications for family decisions. This paper estimates the effects of parental retirement on adult children’s fertility. We use representative panel data from Germany to link observations on parents and adult children. We exploit eligibility ages for early retirement ...
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