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 …

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

In this paper, we investigate whether business cycles can imply sizable effects on average unemployment. First, using a … on unemployment: positive shocks reduce unemployment less than negative shocks increase it. For the observed process of …

policies in France. Finally we show that the age-dynamics of employment is optimal when the Hosios condition holds and we …

unemployment and the distribution of both wages and productivity are endogenous. By means of simulations of this model estimated on …