Loading…

Early Retirement Policy in the Presence of Competing Exit Pathways: Evidence from Pension Reforms in Finland

I study the effects of changes in the eligibility age thresholds for unemployment and part-time pensions, and the effect of tightening medical criteria for disability pension eligibility in Finland. Particular attention is paid to the spillover effects of the pension reforms. These pension reforms j...

Full description

Saved in:

Bibliographic Details
Published in:	Economica (London) 2015-01, Vol.82 (325), p.46-78
Main Author:	Kyyra, Tomi
Format:	Article
Language:	English
Subjects:	Disability pensions Economic reform Eligibility Employment Finland Part-time employment Pensions Retirement Retirement policies Spillovers Studies Unemployment Workers
Citations:	Items that this one cites Items that cite this one
Online Access:	Get full text
Tags:	Add Tag No Tags, Be the first to tag this record!

cited_by	cdi_FETCH-LOGICAL-c4540-36f31379cecbde24eefdeb06cdaa3d5e15526b3c9d5bb0023971d818562e7a643
cites	cdi_FETCH-LOGICAL-c4540-36f31379cecbde24eefdeb06cdaa3d5e15526b3c9d5bb0023971d818562e7a643
container_end_page	78
container_issue	325
container_start_page	46
container_title	Economica (London)
container_volume	82
creator	Kyyra, Tomi
description	I study the effects of changes in the eligibility age thresholds for unemployment and part-time pensions, and the effect of tightening medical criteria for disability pension eligibility in Finland. Particular attention is paid to the spillover effects of the pension reforms. These pension reforms jointly raised the average age at which workers leave employment by 3.9 months, mainly due to a sharp drop in disability pension enrolment from age 58 upwards and a lower incidence of unemployment at younger ages. These effects are heterogeneous, much of which is attributable to the spillover effects that vary across individuals.
doi_str_mv	10.1111/ecca.12100
format	article
fullrecord	<record><control><sourceid>jstor_proqu</sourceid><recordid>TN_cdi_proquest_miscellaneous_1680146630</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><jstor_id>24751947</jstor_id><sourcerecordid>24751947</sourcerecordid><originalsourceid>FETCH-LOGICAL-c4540-36f31379cecbde24eefdeb06cdaa3d5e15526b3c9d5bb0023971d818562e7a643</originalsourceid><addsrcrecordid>eNqN0U1v1DAQBmALgcTScuGOZIkLQkrrj9hOuJWQfkhVWVUgJC6W40yolyRe7Cxt_j3eBnroATEXH-aZke0XoVeUHNFUx2CtOaKMEvIErWgui4xwLp6iFSGUZyRn6jl6EeOGpBJMrVBfm9DP-BomF2CAccJr3zs7Yzfi6QbwOkCE0QL2Ha78sE1u_I7rO5egmW5uzRzf4_qXa-9RF_yA1zBG58e0s_NhiPtNp27szdgeomed6SO8_HMeoC-n9efqPLv8dHZRnVxmNhc5ybjsOOWqtGCbFlgO0LXQEGlbY3grgArBZMNt2YqmIYTxUtG2oIWQDJSROT9Ab5e92-B_7iBOenDRQp_uAH4XNZUFSZ8jOfkPmlypBKOJvnlEN34XxvSQpHhZSEnkXr1blA0-xgCd3gY3mDBrSvQ-I73PSN9nlDBd8K3rYf6H1HVVnfydeb3MbOLkw8MMy5WgZa5SP1v6Lk5w99A34YeWiiuhv16d6erbh_I6L0r9kf8GZHOrNg</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1639866061</pqid></control><display><type>article</type><title>Early Retirement Policy in the Presence of Competing Exit Pathways: Evidence from Pension Reforms in Finland</title><source>International Bibliography of the Social Sciences (IBSS)</source><source>Business Source Ultimate</source><source>Wiley</source><source>EBSCOhost Econlit with Full Text</source><source>JSTOR Archival Journals and Primary Sources Collection</source><source>PAIS Index</source><creator>Kyyra, Tomi</creator><creatorcontrib>Kyyra, Tomi</creatorcontrib><description>I study the effects of changes in the eligibility age thresholds for unemployment and part-time pensions, and the effect of tightening medical criteria for disability pension eligibility in Finland. Particular attention is paid to the spillover effects of the pension reforms. These pension reforms jointly raised the average age at which workers leave employment by 3.9 months, mainly due to a sharp drop in disability pension enrolment from age 58 upwards and a lower incidence of unemployment at younger ages. These effects are heterogeneous, much of which is attributable to the spillover effects that vary across individuals.</description><identifier>ISSN: 0013-0427</identifier><identifier>EISSN: 1468-0335</identifier><identifier>DOI: 10.1111/ecca.12100</identifier><language>eng</language><publisher>London: Blackwell Publishing Ltd</publisher><subject>Disability pensions ; Economic reform ; Eligibility ; Employment ; Finland ; Part-time employment ; Pensions ; Retirement ; Retirement policies ; Spillovers ; Studies ; Unemployment ; Workers</subject><ispartof>Economica (London), 2015-01, Vol.82 (325), p.46-78</ispartof><rights>2015 The London School of Economics and Political Science</rights><rights>2014 The London School of Economics and Political Science</rights><rights>Copyright Blackwell Publishing Ltd. Jan 2015</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c4540-36f31379cecbde24eefdeb06cdaa3d5e15526b3c9d5bb0023971d818562e7a643</citedby><cites>FETCH-LOGICAL-c4540-36f31379cecbde24eefdeb06cdaa3d5e15526b3c9d5bb0023971d818562e7a643</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/24751947$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/24751947$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,776,780,27844,27845,27903,27904,33202,33203,58216,58449</link.rule.ids></links><search><creatorcontrib>Kyyra, Tomi</creatorcontrib><title>Early Retirement Policy in the Presence of Competing Exit Pathways: Evidence from Pension Reforms in Finland</title><title>Economica (London)</title><addtitle>Economica</addtitle><description>I study the effects of changes in the eligibility age thresholds for unemployment and part-time pensions, and the effect of tightening medical criteria for disability pension eligibility in Finland. Particular attention is paid to the spillover effects of the pension reforms. These pension reforms jointly raised the average age at which workers leave employment by 3.9 months, mainly due to a sharp drop in disability pension enrolment from age 58 upwards and a lower incidence of unemployment at younger ages. These effects are heterogeneous, much of which is attributable to the spillover effects that vary across individuals.</description><subject>Disability pensions</subject><subject>Economic reform</subject><subject>Eligibility</subject><subject>Employment</subject><subject>Finland</subject><subject>Part-time employment</subject><subject>Pensions</subject><subject>Retirement</subject><subject>Retirement policies</subject><subject>Spillovers</subject><subject>Studies</subject><subject>Unemployment</subject><subject>Workers</subject><issn>0013-0427</issn><issn>1468-0335</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2015</creationdate><recordtype>article</recordtype><sourceid>7TQ</sourceid><sourceid>8BJ</sourceid><recordid>eNqN0U1v1DAQBmALgcTScuGOZIkLQkrrj9hOuJWQfkhVWVUgJC6W40yolyRe7Cxt_j3eBnroATEXH-aZke0XoVeUHNFUx2CtOaKMEvIErWgui4xwLp6iFSGUZyRn6jl6EeOGpBJMrVBfm9DP-BomF2CAccJr3zs7Yzfi6QbwOkCE0QL2Ha78sE1u_I7rO5egmW5uzRzf4_qXa-9RF_yA1zBG58e0s_NhiPtNp27szdgeomed6SO8_HMeoC-n9efqPLv8dHZRnVxmNhc5ybjsOOWqtGCbFlgO0LXQEGlbY3grgArBZMNt2YqmIYTxUtG2oIWQDJSROT9Ab5e92-B_7iBOenDRQp_uAH4XNZUFSZ8jOfkPmlypBKOJvnlEN34XxvSQpHhZSEnkXr1blA0-xgCd3gY3mDBrSvQ-I73PSN9nlDBd8K3rYf6H1HVVnfydeb3MbOLkw8MMy5WgZa5SP1v6Lk5w99A34YeWiiuhv16d6erbh_I6L0r9kf8GZHOrNg</recordid><startdate>201501</startdate><enddate>201501</enddate><creator>Kyyra, Tomi</creator><general>Blackwell Publishing Ltd</general><scope>BSCLL</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7TQ</scope><scope>8BJ</scope><scope>DHY</scope><scope>DON</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>201501</creationdate><title>Early Retirement Policy in the Presence of Competing Exit Pathways: Evidence from Pension Reforms in Finland</title><author>Kyyra, Tomi</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c4540-36f31379cecbde24eefdeb06cdaa3d5e15526b3c9d5bb0023971d818562e7a643</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2015</creationdate><topic>Disability pensions</topic><topic>Economic reform</topic><topic>Eligibility</topic><topic>Employment</topic><topic>Finland</topic><topic>Part-time employment</topic><topic>Pensions</topic><topic>Retirement</topic><topic>Retirement policies</topic><topic>Spillovers</topic><topic>Studies</topic><topic>Unemployment</topic><topic>Workers</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Kyyra, Tomi</creatorcontrib><collection>Istex</collection><collection>CrossRef</collection><collection>PAIS Index</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>PAIS International</collection><collection>PAIS International (Ovid)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Economica (London)</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Kyyra, Tomi</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Early Retirement Policy in the Presence of Competing Exit Pathways: Evidence from Pension Reforms in Finland</atitle><jtitle>Economica (London)</jtitle><addtitle>Economica</addtitle><date>2015-01</date><risdate>2015</risdate><volume>82</volume><issue>325</issue><spage>46</spage><epage>78</epage><pages>46-78</pages><issn>0013-0427</issn><eissn>1468-0335</eissn><abstract>I study the effects of changes in the eligibility age thresholds for unemployment and part-time pensions, and the effect of tightening medical criteria for disability pension eligibility in Finland. Particular attention is paid to the spillover effects of the pension reforms. These pension reforms jointly raised the average age at which workers leave employment by 3.9 months, mainly due to a sharp drop in disability pension enrolment from age 58 upwards and a lower incidence of unemployment at younger ages. These effects are heterogeneous, much of which is attributable to the spillover effects that vary across individuals.</abstract><cop>London</cop><pub>Blackwell Publishing Ltd</pub><doi>10.1111/ecca.12100</doi><tpages>33</tpages></addata></record>
fulltext	fulltext
identifier	ISSN: 0013-0427
ispartof	Economica (London), 2015-01, Vol.82 (325), p.46-78
issn	0013-0427 1468-0335
language	eng
recordid	cdi_proquest_miscellaneous_1680146630
source	International Bibliography of the Social Sciences (IBSS); Business Source Ultimate; Wiley; EBSCOhost Econlit with Full Text; JSTOR Archival Journals and Primary Sources Collection; PAIS Index
subjects	Disability pensions Economic reform Eligibility Employment Finland Part-time employment Pensions Retirement Retirement policies Spillovers Studies Unemployment Workers
title	Early Retirement Policy in the Presence of Competing Exit Pathways: Evidence from Pension Reforms in Finland
url	http://sfxeu10.hosted.exlibrisgroup.com/loughborough?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-26T23%3A54%3A56IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-jstor_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Early%20Retirement%20Policy%20in%20the%20Presence%20of%20Competing%20Exit%20Pathways:%20Evidence%20from%20Pension%20Reforms%20in%20Finland&rft.jtitle=Economica%20(London)&rft.au=Kyyra,%20Tomi&rft.date=2015-01&rft.volume=82&rft.issue=325&rft.spage=46&rft.epage=78&rft.pages=46-78&rft.issn=0013-0427&rft.eissn=1468-0335&rft_id=info:doi/10.1111/ecca.12100&rft_dat=%3Cjstor_proqu%3E24751947%3C/jstor_proqu%3E%3Cgrp_id%3Ecdi_FETCH-LOGICAL-c4540-36f31379cecbde24eefdeb06cdaa3d5e15526b3c9d5bb0023971d818562e7a643%3C/grp_id%3E%3Coa%3E%3C/oa%3E%3Curl%3E%3C/url%3E&rft_id=info:oai/&rft_pqid=1639866061&rft_id=info:pmid/&rft_jstor_id=24751947&rfr_iscdi=true