In 1996, Germany introduced the Altersteilzeit (ATZ) policy, which provided incentives for partial retirement. Using linked establishment survey and administrative employment data, the authors estimate changes in part-time employment rates and retirement after ATZ. Among men, part-time work increased and retirements were postponed by at least 0.6 years without any displacement of full-time work. For women, the increases in working lives appeared to be even larger. These estimates are based on a nationally representative sample of firms. When analysis is restricted to a subset of firms with collective agreements covering partial retirement, and when the staggered timing of those agreements is used to identify estimates, the authors find extensions of working life of more than 1 year. Overall, these findings suggest that policies encouraging partial retirement may have potential for increasing the duration of working life.

中文翻译：

---

政策可以促进部分退休吗？来自德国自然实验的证据

1996年，德国推出了Altersteilzeit（ATZ）政策，该政策为部分退休提供了激励。使用链接的机构调查和行政就业数据，作者估计了ATZ后兼职就业率和退休率的变化。在男性中，非全日制工作有所增加，退休至少推迟了0.6年，而全职工作没有任何位移。对于妇女来说，工作寿命的增加似乎更大。这些估计是基于全国代表性的公司样本。当分析仅限于涉及部分退休的集体协议的子公司，并且这些协议的时间错开来确定估计数时，作者发现工作寿命可以延长一年以上。总体，