TY  - RPRT
A1  - Gohl, Niklas
T1  - Working Longer, Working Stronger?
BT  - The Forward-Looking Effects of Increasing the Retirement Age on (Un)employment Behaviour
T2  - CEPA Discussion Papers
N2  - Leveraging two cohort-specific pension reforms, this paper estimates the forward-looking effects of an exogenous increase in the working horizon on (un)employment behaviour for individuals with a long remaining statutory working life. Using difference-in-differences and regression discontinuity approaches based on administrative and survey data, I show that a longer legal working horizon increases individuals’ subjective expectations about the length of their work life, raises the probability of employment, decreases the probability of unemployment, and increases the intensity of job search among the unemployed. Heterogeneity analyses show that the demonstrated employment effects are strongest for women and in occupations with comparatively low physical intensity, i.e., occupations that can be performed at older ages.
T3  - CEPA Discussion Papers - 63 
KW  - retirement policies
KW  - employment
KW  - DiD
Y1  - 2023
U6  - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus4-585275
SN  - 2628-653X
IS  - 63
ER  -