Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/51993 
Year of Publication: 
2011
Series/Report no.: 
IZA Discussion Papers No. 5810
Publisher: 
Institute for the Study of Labor (IZA), Bonn
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: 
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.