@techreport{Dorn2005Early,
abstract = {Early retirement is usually explained as a supply-side phenomenon. However, early
retirement can also be a demand-side phenomenon arising from a firm's profit maximization
behavior. This paper analyzes voluntary and involuntary early retirement based on
international microdata covering 19 industrialized countries. The results indicate that
generous early retirement provisions of the social security system do not only make voluntary
early retirement more attractive for individuals, but also induce firms to encourage more
employees to retire early. In particular, firms seem to use early retirement to reduce staff
during economic recessions and as a means to circumvent employment protection legislation.},
author = {David Dorn and Alfonso Sousa-Poza},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {J26; J22; J21; J14; 330; early retirement; involuntary early retirement; social security; pensions; Flexible Altersgrenze; Arbeitsangebot; Personalabbau; Sch\"{a}tzung; Industriestaaten},
language = {eng},
number = {1542},
title = {Early retirement : free choice or forced decision},
type = {CESifo working papers},
url = {http://hdl.handle.net/10419/19006},
year = {2005}
}
