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Early retirement is usually explained as a supply-side phenomenon. However, early retirement can also be a demand-side phenomenon arising from a firm's profit maximization behavior. This paper analyzes voluntary and involuntary early retirement based on international microdata covering 19...
Persistent link: https://www.econbiz.de/10005181607
’espérance de vie permettrait de réduire les coûts des pensions et d’accroître l’emploi des travailleurs seniors, à condition d …
Persistent link: https://www.econbiz.de/10011276879
Poor labour-market outcomes remain one of Poland’s major structural weaknesses, impeding firms’ competitiveness and the nation’s potential output. Boosting employment prospects is also critical, as the country will soon be ageing at a fast pace. Despite long working hours, labour...
Persistent link: https://www.econbiz.de/10011276966
While employment growth has accelerated, allowing unemployment to fall significantly since 2005, many low-skilled workers are still unemployed and the duration of unemployment spells is still long. The introduction of an in-work benefit for workers in low-income households, subject to a minimum...
Persistent link: https://www.econbiz.de/10005045686
of the system. Stricter criteria for entry into disability pensions should also be applied. The 2005 pension reform was a … une pension d’invalidité devraient être durcis. La réforme des pensions de 2005 était un pas dans la bonne direction, mais … d’autres ajustements devraient encore être introduits dans le système de pensions de vieillesse afin d’abaisser le coût …
Persistent link: https://www.econbiz.de/10008587586
Recent social security reform has significantly improved the long-run sustainability of the pension system. However, the pension system continues to serve as an important barrier to a more rapid expansion of the formalsector economy in two ways. First, early-retirement incentives (including...
Persistent link: https://www.econbiz.de/10005045861
, early retirement incentives, diversification into private provision, simplicity and the pensions-earnings link. This Working …
Persistent link: https://www.econbiz.de/10005045896
of tax breaks on pensions. This Working Paper relates to the 2010 OECD Economic Survey of Israel (www …
Persistent link: https://www.econbiz.de/10008552863
Poverty and income inequality have worsened since the onset of the crisis. While the design of fiscal measures has mitigated the burden sharing of fiscal adjustment, as the recession has deepened unemployment has risen, earnings have declined and social tensions have increased. Getting people...
Persistent link: https://www.econbiz.de/10011277003
We study the effects of demographic shocks and changes in the pension system on the macroeconomic performance of an advanced small open economy. An overlapping-generations model is constructed which includes a realistic description of the mortality process. Individual agents choose their optimal...
Persistent link: https://www.econbiz.de/10005094360