Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/158712
Authors: 
Bellmann, Lutz
Janik, Florian
Year of Publication: 
2010
Citation: 
[Journal:] Zeitschrift für ArbeitsmarktForschung – Journal for Labour Market Research [ISSN:] 2510-5027 [Volume:] 42 [Year:] 2010 [Issue:] 4 [Pages:] 311-324
Abstract (Translated): 
In many countries early retirement has become a personnel strategy. The establishments are interested in hiring younger employees and try to avoid 'deferred payments' which arise if older employees are paid above their productivity. Firms enter into contracts with their employees that include clauses about early retirement. In response to demand or technological shocks, workers receive retirement offers from their employers which cannot be rejected by rational actors. Using the IAB Establishment Panel 2003-2006, the relation between indicators of demand and technological shocks and the incidence and quantity of early retirements is analyzed. Thus, our findings suggest that firms' personnel policies affect the employees' decisions about early retirement.
Subjects: 
Frührentner
Personalpolitik
ältere Arbeitnehmer
Lohnhöhe
IAB-Betriebspanel
vorgezogene Altersgrenze
Vorruhestand
Berufsausstieg
Persistent Identifier of the first edition: 
Document Type: 
Article

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