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 …

In Finland the elderly unemployed are allowed to collect unemployment benefits up to the age of 60, when they can … retire via a particular unemployment pension. In 1997 the eligibility age of persons benefiting from this scheme was raised … from 53 to 55. We consider changes in the risk of unemployment, unemployment durations, and the exit states before and …

vorliegenden Arbeit werden die Auswirkungen dieser Reform auf Übergänge von Beschäftigung in Arbeitslosigkeit und Verweildauern in … Arbeitslosigkeit dieser Gruppe untersucht. Die Analyse beruht auf der IAB{Beschäftigtenstichprobe 1975-2001, welche tagesgenaue … der 54-56jährigen nach der Reform abnimmt. Außerdem ist eine Verkürzung der Verweildauern in Arbeitslosigkeit nach der …

unemployment and on unemployment duration of the older unemployed aged 54-56. This group lost a smooth early retirement path via … the unemployment benefits scheme. We show that the reform effectively reduced the amount of early retirement at the … unemployment benefits for early retirement purposes. …

From 2002-2004, the German government passed several laws that curtailed the generosity of the unemployment … compensation system. One of the most ambitious changes was a considerable reduction in unemployment benefit entitlement lengths for … highly disputed reform induced a considerable decline in unemployment incidence among older workers. It thus sealed an …

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