摘要:We examine whether easy and early access to old-age benefits induce older workers to become inactive.We use Polish LFS data.We find added worker effect prevailing over discouraged worker effect.The latter arises after a few quarters and is asymmetric.Females permanently leave the workforce.More males leave the workforce in contractions than re-enter in expansions.If old-age benefit becomes the main source of income, the worker (after 1 year) is 8 to 20 times more likely to exit the market than unemployment or social welfare beneficiaries.Our findings support higher retirement age—the age when workers become eligible for old-age benefits.
关键词:Old-age benefits; Discouraged workers; Discouraged worker effect; Exits from the labour market; Unemployment outflow; Inflow to inactivity