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This paper studies the optimal unemployment insurance for older workers in a repeated principal-agent model, where the …). When unemployment benefits are the only available tool, the insurance agency is not able to induce older workers to search … for a job. This is because of the short time-horizon of workers close to retirement. We propose to introduce a pension tax …
Persistent link: https://www.econbiz.de/10009647516
. Finally, even in the special case where search intensity is zero close to retirement, perfect risk-sharing across unemployment …At the end of working life, as well as reducing unemployment benefits, the unemployment-insurance agency could apply …-free. Second, the short job duration before retirement implies that the budgetary return and search incentives associated with the …
Persistent link: https://www.econbiz.de/10010750991
This paper studies the optimal unemployment insurance for older workers in a repeated principal-agent model, where the …). When unemployment benefits are the only available tool, the insurance agency is not able to induce older workers to search … for a job. This is because of the short time-horizon of workers close to retirement. We propose to introduce a pension tax …
Persistent link: https://www.econbiz.de/10010899974
This paper studies the optimal unemployment insurance for older workers in a repeated principal-agent model, where the …). When unemployment benefits are the only available tool, the insurance agency is not able to induce older workers to search … for a job. This is because of the short time-horizon of workers close to retirement. We propose to introduce a pension tax …
Persistent link: https://www.econbiz.de/10011025914
Since 2002 the German government seeks to stimulate private retirement savings by means of special allowances and tax …
Persistent link: https://www.econbiz.de/10008518182
. Finally, even in the special case where search intensity is zero close to retirement, perfect risk-sharing across unemployment …At the end of working life, as well as reducing unemployment benefits, the unemployment-insurance agency could apply …-free. Second, the short job duration before retirement implies that the budgetary return and search incentives associated with the …
Persistent link: https://www.econbiz.de/10010775764
. Finally, even in the special case where search intensity is zero close to retirement, perfect risk-sharing across unemployment …At the end of working life, as well as reducing unemployment benefits, the unemployment-insurance agency could apply …-free. Second, the short job duration before retirement implies that the budgetary return and search incentives associated with the …
Persistent link: https://www.econbiz.de/10010821519
reduction in fertility is not due to the income loss generated by unemployment but arises because displaced workers undergo a …
Persistent link: https://www.econbiz.de/10005738710