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The effects of pension rights and retirement age on training participation: Evidence from a natural experiment

  • Montizaan Raymond
  • Cörvers Frank
  • Grip Andries de

    (METEOR)

This paper uses a natural experiment approach to identify the effects of an exogenous change in future pension benefits on workers'' training participation. We use unique matched survey and administrative data for male employees in the Dutch public sector who were born in 1949 or 1950. Only the latter were subject to a major pension reform that diminished their pension rights. We find that this exogenous shock to pension rights postpones expected retirement and increases participation in training courses among older employees, although exclusively for those employed in large organizations.

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File URL: http://digitalarchive.maastrichtuniversity.nl/fedora/objects/guid:08db2ffb-3cc5-416d-a1c4-82f12b0e943b/datastreams/ASSET1/content
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Paper provided by Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) in its series Research Memorandum with number 044.

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Date of creation: 2009
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Handle: RePEc:unm:umamet:2009044
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