Betriebe und Frühverrentung: Angebote, die man nicht ablehnt (Firms and early retirement: offers that one does not refuse )
"In many countries early retirement has become a personnel strategy. The establishments are interested in hiring younger employees and try to avoid 'deferred payments' which arise if older employees are paid above their productivity. Firms enter into contracts with their employees that include clauses about early retirement. In response to demand or technological shocks, workers receive retirement offers from their employers which cannot be rejected by rational actors. Using the IAB Establishment Panel 2003-2006, the relation between indicators of demand and technological shocks and the incidence and quantity of early retirements is analyzed. Thus, our findings suggest that firms' personnel policies affect the employees' decisions about early retirement." (Author's abstract, IAB-Doku) ((en))
Volume (Year): 42 (2010)
Issue (Month): 4 ()
|Contact details of provider:|| Postal: Regensburger Str. 104, D-90327 Nürnberg|
Web page: http://www.iab.de/
More information through EDIRC
|Order Information:||Web: http://www.springer.com/economics/labor/journal/12651?detailsPage=subscription|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Stern, Steven, 1987. "Promotion and Optimal Retirement," Journal of Labor Economics, University of Chicago Press, vol. 5(4), pages 107-123, October.
When requesting a correction, please mention this item's handle: RePEc:iab:iabzaf:v:2010:i:4:p:311-324. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (IAB, Geschäftsbereich Dokumentation und Bibliothek)
If references are entirely missing, you can add them using this form.