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The Effects of the Early Retirement Age on Retirement Decisions Dayanand S. Manoli, Andrea Weber NBER Working Paper No. 22561 We present quasi-experimental evidence on the effects of increasing the Early Retirement Age (ERA) on older workers' retirement decisions. The analysis is based on social security reforms in Austria in 2000 and 2004, and administrative data allows us to distinguish between pension claims and job exits. Using a Regression Kink Design, we estimate that, within a birth cohort, a 1.0-year increase in the ERA leads to a 0.4-year increase in the average job exiting age and a 0.5-year increase in the average pension claiming age. When the ERA increases, many older workers remain in their jobs longer. 附：原文链接 ps：如果对延迟退休的政策评价感兴趣，不要错过这一篇！！！ |
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