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retirement expectations of workers nearing retirement age. The reform means that public sector workers born on January 1, 1950 or …
Persistent link: https://www.econbiz.de/10010274070
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
rnarket status is expected to have a (reverse) causal effect on health. A solution to the 'Health and Retirement Nexus …
Persistent link: https://www.econbiz.de/10010324746
is expected to have a (reverse) causal effect on health. A solution to the ?Health and Retirement Nexus? requires an …
Persistent link: https://www.econbiz.de/10010274361
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