Showing 1 - 10 of 33
The economic litterature on retirement argues that individuals in a couple tend to retire at a choice time because of … upon retiring. Exploiting the law on early retirement age in France, we use a regression discontinuity approach to identify … the causal effect of retirement on hours of leisure, separate and together, of the man and woman in a couple. We use a …
Persistent link: https://www.econbiz.de/10010711863
more numerous, at the same time for demographic reasons and because of the retreat of the retirement age (in particular for …
Persistent link: https://www.econbiz.de/10010628504
used unemployment schemes as a bridge to early retirement. In addition, there is some evidence of detrimental effects on …
Persistent link: https://www.econbiz.de/10010753969
We propose a search-matching model of the marriage market that extends Shimer and Smith (2000) to allow for labor supply. We characterize the steady-state equilibrium when exogenous divorce is the only source of risk. The estimated matching probabilities that can be derived from the steady-state...
Persistent link: https://www.econbiz.de/10009359819
worker can claim a retirement benefit has remained unchanged. The core of the 2003 pension reforms strategy is the hopped …
Persistent link: https://www.econbiz.de/10005696756
The French system of social protection, contrary to many simplistic accounts, has undergone quite a great number of reforms in the past 30 years. This were very differentiated across sectors but also appear as linked to the business cycle. The French system, in its present developments does not...
Persistent link: https://www.econbiz.de/10005670851
distribution. Morerover, simultations show that the increase of the legal retirement age should be up to seven years. …
Persistent link: https://www.econbiz.de/10005670869
This paper proves the existence of competitive equilibrium in a single-sector dynamic economy with heterogeneous agents, elastic labor supply and complete assets markets. The method of proof relies on some recent results concerning the existence of Lagrande multipliers in infinite dimensional...
Persistent link: https://www.econbiz.de/10009003749
In many countries, the electricity systems are quitting the vertically integrated monopoly organization for an operation framed by competitive markets. In such a competitive regime one can ask what the optimal operation/management of the nuclear generation set is. We place ourselves in a...
Persistent link: https://www.econbiz.de/10008727365
This paper investigates the identification, the determinacy and the stability of ad hoc, "quasi-optimal" and optimal policy rules augmented with financial stability indicators (such as asset prices deviations from their fundamental values) and minimizing the volatility of the policy interest...
Persistent link: https://www.econbiz.de/10010791261