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4/10/2006: Early Retirement Behaviour in the Netherlands: Evidence from a Policy Reform (IZA Discussion Paper via Social Science Research Network)
Excerpt: In the early 1990s, the Dutch social partners agreed upon transforming the generous and actuarially unfair PAYG early retirement schemes into less generous and actuarially fair capital funded schemes. The starting dates of the transitional arrangements varied by industry sector. In this study, we exploit the variation in starting dates to estimate the causal impact of the policy reform on early retirement behaviour.
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