Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/115053
Authors: 
Manoli, Dayanand
Weber, Andrea
Year of Publication: 
2010
Series/Report no.: 
NRN Working Paper, NRN: The Austrian Center for Labor Economics and the Analysis of the Welfare State 1011
Abstract: 
This paper presents new empirical evidence on intertemporal labor supply elasticities. We use administrative data on the census of private sector employees in Austria and variation from mandated discontinuous changes in retirement benefits from the Austrian pension system. We first present graphical evidence documenting delays in retirement in response to the policy discontinuities. Next, based on the empirical evidence, we develop a model of career length decisions. Using an estimator that exploits the graphical evidence, we estimate an intertemporal labor supply elasticity of 0:30; this relatively low estimate reflects that the disutility of labor supply rises relatively quickly with additional years of work.
Subjects: 
mortality
gender differential
causes of death
life expectancy
Austria
JEL: 
I12
I18
J16
Document Type: 
Working Paper

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