NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Hendrik Juerges

Contact and additional information for this authorAll publicationsWorking Papers only

Working Papers and Chapters

September 2011Disability, Pension Reform and Early Retirement in Germany
with Axel Börsch-Supan
in Social Security Programs and Retirement around the World: Historical Trends in Mortality and Health, Employment, and Disability Insurance Participation and Reforms, David A. Wise, editor
May 2011Disability, Pension Reform and Early Retirement in Germany
with Axel H. Boersch-Supan: w17079
The aim of this paper is to describe for (West) Germany the historical relationship between health and disability on the one hand and old-age labor force participation or early retirement on the other hand. We explore how both are linked with various pension reforms. To put the historical developments into context, the paper first describes the most salient features and reforms of the pension system since the 1960s. Then we show how mortality, health and labor force participation of the elderly have changed since the 1970. While mortality (as our main measure of health) has continuously decreased and population health improved, labor force participation has also decreased, which is counterintuitive. We then look at a number of specific pension reforms in the 1970s and 1980s and show that i...
March 2009Early Retirement, Social Security and Well-Being in Germany
with Axel Börsch-Supan
in Developments in the Economics of Aging, David A. Wise, editor
June 2006Early Retirement, Social Security and Well-Being in Germany
with Axel Börsch-Supan: w12303
Germans retire early. On the one hand, early retirement is very costly and amplifies the burden which the German public pension system has to carry due to population aging. On the other hand, however, early retirement is also seen as a much appreciated social achievement which increases the well-being especially of those workers who suffer from work-related health problems. This paper investigates the relation between early retirement and well-being using the GSOEP panel data. The general picture that emerges from our analysis is that early retirement as such seems to be related to subjective well-being, in fact more so than normal retirement. Early retirement most probably is a reaction to a health shock. Individuals are less happy in the year of early retirement than in the years befor...

Contact and additional information for this authorAll publicationsWorking Papers only

 
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