retirement as an absorbing state, that we calibrate to match the observed patterns. Our finding is that the dynamics of relative … into retirement. In contrast, differences in layoff rates and job offer arrival rates cannot explain these patterns. Our … results support the idea that retirement incentives, more than weak labor demand, are responsible for the low employment rates …

retirement as an absorbing state, that we calibrate to match the observed patterns. Our finding is that the dynamics of relative … into retirement. In contrast, differences in layoff rates and job offer arrival rates cannot explain these patterns. Our … results support the idea that retirement incentives, more than weak labor demand, are responsible for the low employment rates …

retirement as an absorbing state, that we calibrate to match the observed patterns. Our finding is that the dynamics of relative … into retirement. In contrast, differences in layoff rates and job offer arrival rates cannot explain these patterns. Our … results support the idea that retirement incentives, more than weak labor demand, are responsible for the low employment rates …

-monetary unemployment scarring for people who were unemployed for the first time in their life directly prior to retirement, but not for …Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons … (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as …

-monetary unemployment scarring for people who were unemployed for the first time in their life directly prior to retirement, but not for …Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons … (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as …

-monetary unemployment scarring for people who were unemployed for the first time in their life directly prior to retirement, but not for …Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons … (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as …

In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send … expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement …

In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send … expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement …

In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send … expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement …