Showing 1 - 7 of 7
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
to identify the elasticity of unemployment insurance filings with respect to search intensity. Applying our elasticity … estimate to the state-level Google Trends indexes for the topic "unemployment", we show that out-of-sample forecasts made ahead … the demand for unemployment insurance. In addition, we provide a robust assessment of the uncertainty surrounding these …
Persistent link: https://www.econbiz.de/10012198136
their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive …
Persistent link: https://www.econbiz.de/10010339640
unemployment benefits for older workers helps explain the low rate of employment just before the early retirement age. Decreasing … activity not only decreases the participation rate by inducing early retirement, but also badly affects the employment rate of … older workers just before early retirement age. Countries with an early retirement age at 60 also have lower employment …
Persistent link: https://www.econbiz.de/10010267485
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/10011279299
This paper extends the job creation-job destruction approach to the labor market to take into account a deterministic finite horizon. As hirings and separations depend on the time over which to recoup investment costs, the life-cycle setting implies age-differentiated labor market flows. Whereas...
Persistent link: https://www.econbiz.de/10009001406
to identify the elasticity of unemployment insurance filings with respect to search intensity. Applying our elasticity … estimate to the state-level Google Trends indexes for the topic "unemployment", we show that out-of-sample forecasts made ahead … the demand for unemployment insurance. In addition, we provide a robust assessment of the uncertainty surrounding these …
Persistent link: https://www.econbiz.de/10012429416