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Research ArticleArticle

Closing Routes to Retirement for Women: How Do They Respond?

Johannes Geyer and Clara Welteke
Published online before print April 10, 2019, DOI: https://doi.org/10.3368/jhr.56.1.0717-8947R2
Johannes Geyer
Johannes Geyer is a senior research associate at DIW Berlin, Mohrenstr. 58, 10117 Berlin, Germany. Clara Welteke is a research associate at DIW Berlin and IZA Research Affiliate.
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Clara Welteke
Johannes Geyer is a senior research associate at DIW Berlin, Mohrenstr. 58, 10117 Berlin, Germany. Clara Welteke is a research associate at DIW Berlin and IZA Research Affiliate.
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Abstract

We study the employment effects of a large increase in the early retirement age (ERA) of women. Raising the ERA has the potential to extend contribution periods and to reduce the number of pensioners at the same time. However, workers may not be able to work longer or may choose other social support programs as exit routes from employment. Results suggest that the reform increases employment, unemployment and inactivity rates of women aged 60 and over. However, this is mainly because women remain longer in their respective labor market status, rather than active substitution from employment into unemployment or inactivity.

JEL Codes
  • J14
  • J18
  • J22
  • J26

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Journal of Human Resources: 60 (3)
Journal of Human Resources
Vol. 60, Issue 3
1 May 2025
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Closing Routes to Retirement for Women: How Do They Respond?
Johannes Geyer, Clara Welteke
Journal of Human Resources Apr 2019, DOI: 10.3368/jhr.56.1.0717-8947R2

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Closing Routes to Retirement for Women: How Do They Respond?
Johannes Geyer, Clara Welteke
Journal of Human Resources Apr 2019, DOI: 10.3368/jhr.56.1.0717-8947R2
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Keywords

  • J14
  • J18
  • J22
  • J26
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