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Early Retirement Policy in the Presence of Competing Exit Pathways

Evidence from Pension Reforms in Finland

Bibliographic Data

ID9727196
AuthorsTomi Kyyrä (Government Institute for Economic Research (VATT) Helsinki Finland, corresponding author)
Year2015
Volume82
Issue325
Pages46-78
Publication date2015-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomica (JOURNAL)
Journal identifiersISSN: 0013-0427 • E-ISSN: 1468-0335
PublisherWiley (PUBLISHER • GB)
DOI10.1111/ecca.12100
OpenAlexW3126072891
LanguageEN
Citations received5
References cited29

I study the effects of changes in the eligibility age thresholds for unemployment and part‐time pensions, and the effect of tightening medical criteria for disability pension eligibility in Finland. Particular attention is paid to the spillover effects of the pension reforms. These pension reforms jointly raised the average age at which workers leave employment by 3.9 months, mainly due to a sharp drop in disability pension enrolment from age 58 upwards and a lower incidence of unemployment at younger ages. These effects are heterogeneous, much of which is attributable to the spillover effects that vary across individuals

Demographic economics · Disability pension · Economic growth · Economics · Incidence (geometry) · Labour economics · Macroeconomics · Pension · Pension system · Population · Retirement age · Spillover effect · Unemployment · Finance · Global Health Care Issues · Labor market dynamics and wage inequality · Medicine · Retirement, Disability, and Employment

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    Open Access•A J Riekhoff, Noora Järnefelt et al.•Work Aging and Retirement•2019

  • Hidden in Plain Sight? Does Stricter Employment Protection Legislation Lead to an Increased Risk of Hidden Unemployment in Later Life

    Martin Hyde, Ellen Dingemans•Work Aging and Retirement•2017

  • Substitution and spill‐overs between early exit pathways in times of extending working lives in Europe

    Open Access•A J Riekhoff, Aart‐Jan Riekhoff et al.•International Social Security…•2020

  • Increases in wellbeing in the transition to retirement for the unemployed

    Open Access•VALENTINA PONOMARENKO, Anja K Leist et al.•Ageing and Society•2019

  • Gender Differences in Retirement in a Welfare State with High Female Labour Market Participation and Competing Exit Pathways

    A J Riekhoff, Aart-Jan Riekhoff et al.•European Sociological Review•2017

  • Bridge Jobs and Partial Retirement

    Christopher J Ruhm•Journal of Labor Economics•1990

  • The Rise in the Disability Rolls and the Decline in Unemployment

    David Autor, D H Autor et al.•The Quarterly Journal of Economics•2003

  • Assessing the effects of an early retirement program

    Open Access•Espen Bratberg, Tor Helge Holm s et al.•Journal of Population Economics•2004

  • Institutional rules, labour demand and retirement through disability programme participation

    Open Access•Ossi Korkeamäki, Tomi Kyyrä•Journal of Population Economics•2010

  • Disability Insurance Benefits and Labor Supply

    Jacob Gruber, Jonathan Gruber•Journal of Political Economy•2000

  • Semiotics of space

    Open Access•Pentti Määttänen•Semiotica•2007

Unique citing works5
Citations per year0,56
Citation span2017 - 2020 (4)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 5
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