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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
the inflow to and the outflow from unemployment. The REBP also induced a strong increase in early retirement and in many … for elderly workers in Austria. The REBP extended entitlement to regular unemployment benefits from 30 weeks to a maximum …-experimental situation from which a lot can be learned about the impact of unemployment insurance rules on the dynamics of employment …
Persistent link: https://www.econbiz.de/10010262803
This paper studies a program that extends the maximum duration of unemployment benefits from 30 weeks to 209 weeks … regions to identify the effect of extended benefits on unemployment duration. Results indicate that the duration of job search … is prolonged by at least .09 weeks per additional week of benefits among men, whereas unemployment duration increases by …
Persistent link: https://www.econbiz.de/10010263951
This paper studies a program that extends the maximum duration of unemployment benefits from 30 weeks to 209 weeks … regions to identify the effect of extended benefits on unemployment duration. Results indicate that the duration of job search … is prolonged by at least .09 weeks per additional week of benefits among men, whereas unemployment duration increases by …
Persistent link: https://www.econbiz.de/10010268089
This paper studies a program that extends the maximum duration of unemployment benefits from 30 weeks to 209 weeks … regions to identify the effect of extended benefits on unemployment duration. Results indicate that the duration of job search … is prolonged by at least .09 weeks per additional week of benefits among men, whereas unemployment duration increases by …
Persistent link: https://www.econbiz.de/10010317925