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The Effect of Legal Retirement Age Reform on Retirement Behavior – Analysis and Synthesis of Several Natural Experiments

Stella Martin & Kevin Stabenow

Journal of Economics and Statistics2025https://doi.org/10.1515/jbnst-2024-0061article
AJG 1ABDC B
Weight
0.37

Abstract

We exploit an incremental retirement age reform to investigate the impact of an increase in the legal retirement age on the benefit-claiming age using administrative data from the German public pension insurance. We synthesize findings from several marginal retirement age increases over 10 birth cohorts with a meta-analytic random effects model and find that compliance with marginal treatment is relatively high, but increases if combined with fewer available pathways into retirement. Female retirees retire later in response to a legal retirement age increase than males.

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https://doi.org/https://doi.org/10.1515/jbnst-2024-0061

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@article{stella2025,
  title        = {{The Effect of Legal Retirement Age Reform on Retirement Behavior – Analysis and Synthesis of Several Natural Experiments}},
  author       = {Stella Martin & Kevin Stabenow},
  journal      = {Journal of Economics and Statistics},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1515/jbnst-2024-0061},
}

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The Effect of Legal Retirement Age Reform on Retirement Behavior – Analysis and Synthesis of Several Natural Experiments

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Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.