With longevity increasing and public pensions shrinking, old age poverty is a pressing issue in many economies. Noting that this issue has particular impact on women, in this video, HAN YE explores the extent to which additional pension benefit affects workers’ decisions on when to retire. Focusing on a German pension subsidy scheme introduced in 1992, Han Ye’s study breaks new ground in its isolation of the causal impact of additional pension benefits from other variations in the pensions regime. Highlighting both flaws and benefits of the German scheme, Han Ye’s research opens important avenues for both researchers and public policy makers interested in optimal ways to address the issue of old age poverty.
DOI:
https://doi.org/10.21036/LTPUB10909
Institution
University of Mannheim (Universität Mannheim)
For generations, the University of Mannheim has been preparing students to take on leadership roles in business, academia, and society. One of the university’s strengths in this task is its profile, which is characterized by the economic and social sciences. It is in these fields that the University of Mannheim has repeatedly been ranked as one of the top 20 European research institutions. Key focuses of Mannheim researchers include decision-making processes and elections, governance, regulation, competition and innovation, migration and multilingualism, and the culture of change. The campus surrounding Mannheim’s baroque palace is a place where bright minds from across the globe come together to learn, discuss, research, and prepare to make their mark on the world.
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Original publication
The Effect of Pension Subsidies on the Retirement Timing of Older Women
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