Assessing the Effects of Early Retirement Programs

We investigate induced retirement effects of the Norwegian early retirement program "AFP" and emphasize effects caused by relocations of some individuals from disability pension and unemployment to AFP. Our theoretical model predicts that AFP unambiguously induces more early retirement.

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Bibliographic Details
Published inIDEAS Working Paper Series from RePEc
Main Authors Bratberg, E, Holmas, TH, Thogersen, O
Format Paper
LanguageEnglish
Published St. Louis Federal Reserve Bank of St. Louis 01.01.2000
Subjects
Early retirement
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Summary:We investigate induced retirement effects of the Norwegian early retirement program "AFP" and emphasize effects caused by relocations of some individuals from disability pension and unemployment to AFP. Our theoretical model predicts that AFP unambiguously induces more early retirement.