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100 _aRabaté, S., Jongen, E. and Atav, T.
_951886
245 _aIncreasing the retirement age: Policy effects and underlying mechanisms
260 _aAmerican Economic Journal: Economic policy
300 _a16(1), Feb, 2024: p.259-291
520 _aWe study the effects of increasing the statutory retirement age (SRA) in the Netherlands, using regression discontinuity design and administrative data on the universe of the population. We find clear and large employment effects of the reform. A simple model in which individuals stay longer in their pre-SRA labor market state predicts the treatment effects well. The employment level before the SRA and the retirement hazard at the SRA are the key determinants of the effects of the policy change. Exploring potential explanations for the high hazard rate observed in the Netherlands, our results point to an important role for employers' effects.- Reproduced https://www.aeaweb.org/articles?id=10.1257/pol.20210101
773 _aAmerican Economic Journal: Economic policy
906 _aRETIREMENT
942 _cAR