Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/64910
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dc.contributor.authorNarazani, Edliraen
dc.contributor.authorShima, Isildaen
dc.date.accessioned2010-02-24-
dc.date.accessioned2012-10-15T14:13:23Z-
dc.date.available2012-10-15T14:13:23Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/64910-
dc.description.abstractIn view of the political debate on the future sustainability of pensions system in Austria and given the low participation of older worker in the labour market, in this paper we try to shed light on employment and retirement behaviour while a combination of reduction in pension benefits along with income support is provided. We find out that reforms characterized by moderately generous income support while working along with lower pension entitlement in early retirement yield higher social welfare compared to the current system. The labour supply response signals increase under the proposed reforms among middle-income males, in the age category 55-60, whereas these reforms seem to be ineffective for women. These findings emphasize the importance of introducing pension reforms complemented with tax-benefits policies such that the former remove the disincentives to retire earlier and the later enhance the employment of workers in preretirement age.en
dc.language.isoengen
dc.publisher|aUniversity of Essex, Institute for Social and Economic Research (ISER) |cColchesteren
dc.relation.ispartofseries|aEUROMOD Working Paper |xEM1/09en
dc.subject.ddc330en
dc.subject.keywordsupplyen
dc.subject.keyworddiscrete choice modelsen
dc.subject.keywordguaranteed minimum incomeen
dc.subject.keywordretirementen
dc.subject.keywordolder workeren
dc.subject.stwGesetzliche Rentenversicherungen
dc.subject.stwAltersgrenzeen
dc.subject.stwÄltere Arbeitskräfteen
dc.subject.stwMindestlohnen
dc.subject.stwArbeitsangeboten
dc.subject.stwÖsterreichen
dc.titleLabour incentive reforms in preretirement age in Austria-
dc.typeWorking Paperen
dc.identifier.ppn594032709en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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