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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
This paper explores how extended unemployment insurance (UI) benefits targeted to older workers affect early retirement … entire early retirement system, which often includes extended UI and relaxed access to disability insurance (DI). We argue … that extended UI generates program complementarity (increased take-up of UI followed by DI and/or regular retirement …
Persistent link: https://www.econbiz.de/10010316883
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
verstärkte Arbeitsmarktintegration von gesundheitlich beeinträchtigten Menschen. Dazu wurde die befristete Invaliditäts- bzw … unemployment or sickness absence. Possible reasons for the negligible labor market effects are that many applicants are in …
Persistent link: https://www.econbiz.de/10012319091
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
Two pension reforms in Austria increased the early retirement age from 60 to 62 for men and from 55 to 58.25 for women …. The reforms reduced early retirement by 18.9 percentage points among affected men aged 60-62 and by 22.3 percentage points ….1 percentage points among women. The reforms had large spillover effects to the unemployment insurance program but negligible …
Persistent link: https://www.econbiz.de/10010316918