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http://hdl.handle.net/10419/19006
  

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dc.contributor.authorDorn, Daviden_US
dc.contributor.authorSousa-Poza, Alfonsoen_US
dc.coverage.temporal1985-1997en_US
dc.date.accessioned2009-01-28T15:54:24Z-
dc.date.available2009-01-28T15:54:24Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/19006-
dc.description.abstractEarly 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.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesCESifo working papers 1542en_US
dc.subject.jelJ26en_US
dc.subject.jelJ22en_US
dc.subject.jelJ21en_US
dc.subject.jelJ14en_US
dc.subject.ddc330en_US
dc.subject.keywordearly retirementen_US
dc.subject.keywordinvoluntary early retirementen_US
dc.subject.keywordsocial securityen_US
dc.subject.keywordpensionsen_US
dc.subject.stwFlexible Altersgrenzeen_US
dc.subject.stwArbeitsangeboten_US
dc.subject.stwPersonalabbauen_US
dc.subject.stwSchätzungen_US
dc.subject.stwIndustriestaatenen_US
dc.titleEarly retirement : free choice or forced decisionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn50085498Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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