Labour Market Exit in the Health Care Sector: First Results from Administrative Data

26 Pages Posted: 16 Jun 2010

See all articles by Rob Euwals

Rob Euwals

CPB Netherlands Bureau of Economic Policy Research; IZA Institute of Labor Economics; Centre for Economic Policy Research (CEPR)

Elisabetta Trevisan

University of Padua - Department of Economics and Management

Annemiek van Vuren

CPB Netherlands Bureau of Economic Policy Analysis

Date Written: March 1, 2010

Abstract

The second-largest pension fund in the Netherlands, the health care sector fund PFZW (former PGGM), placed the administrative records of its participants for 1999 to 2007 at the disposal of Statistics Netherlands. The data contain precise information on pension and early retirement rights and can be merged to other administrative datasets. The data will help to understand labour market exit, and will, for example, allow for precise measurement of the impact of financial incentives. First empirical results show that labour market behaviour in the health care sector is in line with previous results for the Netherlands. In an actuarially unfair system many employees retire as soon as they can. For the early years there is evidence of substitution between early retirement and disability insurance.

Keywords: Pensions, Early Retirement, Labour Market Behaviour

JEL Classification: C33, J26, J45

Suggested Citation

Euwals, Rob and Trevisan, Elisabetta and van Vuren, Annemiek, Labour Market Exit in the Health Care Sector: First Results from Administrative Data (March 1, 2010). Netspar Discussion Paper No. 03/2010-016, Available at SSRN: https://ssrn.com/abstract=1625804 or http://dx.doi.org/10.2139/ssrn.1625804

Rob Euwals (Contact Author)

CPB Netherlands Bureau of Economic Policy Research ( email )

P.O. Box 80510
2508 GM The Hague, 2585 JR
Netherlands
+31 70 33 83 438 (Phone)
+31 70 33 83 350 (Fax)

IZA Institute of Labor Economics ( email )

P.O. Box 7240
Bonn, D-53072
Germany
+49 228 3894 302 (Phone)
+49 228 3894 210 (Fax)

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Elisabetta Trevisan

University of Padua - Department of Economics and Management ( email )

Via del Santo, 33
Padova, 35123
Italy

Annemiek Van Vuren

CPB Netherlands Bureau of Economic Policy Analysis ( email )

P.O. Box 80510
2508 GM The Hague, 2585 JR
Netherlands

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