Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/158755 
Year of Publication: 
2011
Citation: 
[Journal:] Zeitschrift für ArbeitsmarktForschung - Journal for Labour Market Research [ISSN:] 2510-5027 [Volume:] 44 [Issue:] 3 [Publisher:] Springer [Place:] Heidelberg [Year:] 2011 [Pages:] 217-229
Publisher: 
Springer, Heidelberg
Abstract: 
In this paper we evaluate the impact of the old-age part-time scheme (OAPT) on the Austrian labor market which was a policy to allow flexible retirement options for the elderly with an aim to increase labor supply. According to our matching estimates, employment probability increases slightly; especially in the first two years after entrance into the programme. Furthermore, the programme seems to reduce the measured unemployment risk. However, the total number of hours worked is significantly reduced by OAPT. While the policy is meant to reduce early exit from the labor force by allowing part-time work, our analysis indicates that most workers substitute part-time work for full-time work and thus the overall effect is rather negative.
Subjects: 
Altersteilzeit
Beschäftigungseffekte
Arbeitskräfteangebot
ältere Arbeitnehmer
Erwerbsverhalten
Teilzeitarbeit
Arbeitszeitverteilung
Berufsverlauf
Österreich
JEL: 
C31
J14
J26
Persistent Identifier of the first edition: 
Document Type: 
Article

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