Labour Supply Effects of an Early Retirement Programme
In 1989, an early retirement program (AFP) was introduced in Norway, with an eligibility age gradually decreasing from 66 to 62, and now covering about two thirds of the labour force. To assess the impact on the labour force we estimate a multinomial logit model for transitions between labour market states on quarterly panel data for 1988-II to 1999-IV. The estimated model tracks the development in transition rates and labour force quite well. Model simulations indicate that abolishing the AFP might increase the total labour force by almost two per cent in five years.
|Date of creation:||28 Jan 2002|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: 22 85 51 27
Fax: 22 85 50 35
Web page: http://www.oekonomi.uio.no/indexe.html
More information through EDIRC
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.:
- Erik Hernæs & Steinar Strøm, 2000. "Family labour supply when the husband is eligible for early retirement," ICER Working Papers 04-2000, ICER - International Centre for Economic Research.
- Hernaes,E., 1999.
"Early retirement and economic incentives,"
17/1999, Oslo University, Department of Economics.
- Bratberg, E. & Holmas, T.H. & Thogersen, O., 2000.
"Assessing the Effects of Early Retirement Programs,"
4/2000, Norwegian School of Economics and Business Administration-.
- Bratberg, E. & Holmas, T.H. & Thogersen, O., 2000. "Assessing the Effects of Early Retirement Programs," Norway; Department of Economics, University of Bergen 0900, Department of Economics, University of Bergen.
When requesting a correction, please mention this item's handle: RePEc:hhs:osloec:2001_033. 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: (Rhiana Bergh-Seeley)
If references are entirely missing, you can add them using this form.