Showing 1 - 10 of 35
employed. Observed covariates including wages and retirement benefits help to explain these patterns, but unobserved …
Persistent link: https://www.econbiz.de/10010262253
, there is a sufficiently short distance to retirement for which flat unemployment benefits can be the optimal contract as the … optimal contract that integrates unemployment insurance and retirement pension systems. …This paper shows that optimal unemployment insurance contracts are age-dependent. Older workers have only a few years …
Persistent link: https://www.econbiz.de/10010269168
propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement …: the retirement decision of unemployed workers depends on the labor-market frictions whereas that of employed workers does …
Persistent link: https://www.econbiz.de/10010282314
of the marginal actuarially fair incentives in case of postponed retirement. Social Security then faces a tradeoff … between giving enough incentives to make individuals actually delay retirement and giving little increase in pensions in order …. Furthermore, we analyze the interactions between wealth and retirement behavior. …
Persistent link: https://www.econbiz.de/10010262214
into account distortions related to unemployment benefits and bargaining power shows the robustness of this result, in …
Persistent link: https://www.econbiz.de/10010269359
the labor force and almost doubles the unemployment risk. The financial effects of health shocks are small on average and …
Persistent link: https://www.econbiz.de/10010262257
We estimate a model of the joint participation and mobility along with the individuals' wage formation in France. Our … using state of the art Bayesian methods employing a long panel (1976-1995) for France. Our results clearly show that returns … rationale for this phenomenon. Specifically, in a low-mobility country such as France, there is little gain in compensating …
Persistent link: https://www.econbiz.de/10010267591
in France, exploiting a unique longitudinal dataset from the unemployment insurance system. Using the so-called timing … policies on transition rates out of unemployment. We perform the first evaluation of training effects for the unemployed adults … unemployment, but has a significant and positive effect on the duration of the subsequent employment spell. Accounting for training …
Persistent link: https://www.econbiz.de/10010268766
In this paper we estimate by matching techniques the effects of a French retraining program on the reemployment rate of displaced workers. This program, called Conventions de conversion, was intended to improve reemployment prospects of displaced workers by proposing them retraining and job...
Persistent link: https://www.econbiz.de/10010269347
We investigate whether a cut in unemployment benefit payout periods affected older workers' labor market transitions … unemployed declined after the reform. These patterns suggest that the reform of unemployment benefits may be one of the reasons …
Persistent link: https://www.econbiz.de/10011984491