employed. Observed covariates including wages and retirement benefits help to explain these patterns, but unobserved …

, 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 …

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 …

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. …

into account distortions related to unemployment benefits and bargaining power shows the robustness of this result, in …

By conventional statistics, youth unemployment seems to be quite moderate in Korea: 'only' 9.6 percent of the 'active …' youth labour force was unemployed compared to 21.4 percent in EU-27 in 2011. Germany, with a youth unemployment rate of 8 … the perspective of intergenerational risk sharing Korea's youth unemployment rate is 4.6 times higher than the …

the labor force and almost doubles the unemployment risk. The financial effects of health shocks are small on average and …

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 …

Die Auswirkungen der von Covid-19 ausgelösten Wirtschaftskrise auf die Arbeitslosigkeit könnten kaum unterschiedlicher … sein als in den USA und Europa. Das gilt auch für die politischen Reaktionen: Während die EU-27 die Arbeitslosigkeit bisher …The effect of the economic crisis caused by Covid-19 on unemployment could not have been more different than between …

The effects that the economic crisis triggered by COVID-19 is having on unemployment could hardly differ more than in … of the European Union (EU-27) managed to keep unemployment in check largely through heavy reliance on short-time work or … similar measures, the United States has been experiencing mass unemploy-ment reminiscent of the Great Depression of 1929 …