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The impact of early retirement incentives on labor market participation: evidence from a parametric change in the Czech Republic
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SYSNO ASEP 0368426 Druh ASEP J - Článek v odborném periodiku Zařazení RIV J - Článek v odborném periodiku Poddruh J Článek ve WOS Název The impact of early retirement incentives on labor market participation: evidence from a parametric change in the Czech Republic Tvůrce(i) Kocourek, D. (CZ)
Pertold, Filip (NHU-N) RIDZdroj.dok. Finance a úvěr-Czech Journal of Economics and Finance. - : Univerzita Karlova v Praze - ISSN 0015-1920
Roč. 61, č. 5 (2011), s. 467-483Poč.str. 17 s. Jazyk dok. eng - angličtina Země vyd. CZ - Česká republika Klíč. slova early retirement ; labor market participation ; Czech Republic Vědní obor RIV AH - Ekonomie CEP LC542 GA MŠMT - Ministerstvo školství, mládeže a tělovýchovy CEZ AV0Z70850503 - NHU-N (2005-2011) UT WOS 000296909200007 Anotace We investigate the impact of a change in the Czech early retirement scheme on the labor force participation of older male workers. Using the difference-in-differences method we find that a reduction in early retirement benefits by 2-3% leads to significant decrease in the probability of being inactive for eligible individuals. The effect for individuals who are on the margin of eligibility for early retirement is much stronger than that for an average eligible individual. Our finding implies high elasticity of older male workers' participation rate. The public policy implication is that a reduction in early retirement benefits can serve as a very effective tool to increase the participation of older men in the Czech labor market. Pracoviště Národohospodářský ústav Kontakt Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Rok sběru 2012 Elektronická adresa http://journal.fsv.cuni.cz/storage/1226_kocourek.pdf
Počet záznamů: 1