How higher pensions shape work after retirement: Lessons from Germany’s Earned Income Pension Credit
From the article
Can governments raise pensions for low-income retirees without discouraging them from working? Drawing on Germany’s Earned Income Pension Credit, this column finds that higher pension income reduces post-retirement labour supply, but the effect is modest and concentrated among retirees still close to the participation margin. Two-thirds of the response runs through whether retirees work at […]
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