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Title:The decline of early retirement pathways in the Netherlands: An empirical analysis for the health care sector PDF Logo
Authors:Euwals, Rob
van Vuren, Annemiek
van Vuuren, Daniel
Issue Date:2011
Series/Report no.:Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5810
Abstract:Early retirement schemes and disability insurance in the Netherlands have both been reformed during the past decades. The reforms have increased incentives to continue working and have decreased the substitution between early retirement and disability. This study investigates the impact of the reforms on labour market exit probabilities. We use administrative data for workers in the Dutch health care sector between 1999 and 2006. We estimate a multinomial Logit model for transitions out of the labour force. The empirical results suggest that the reforms have been effective, as the labour market participation rate of the elderly has increased. The concept of substitute pathways into retirement seems less relevant today as the results confirm that disability insurance is closed off as an early retirement exit route.
Subjects:early retirement
disability insurance
labour supply
JEL:C35
J26
Persistent Identifier of the first edition:urn:nbn:de:101:1-201107042591
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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