the retirement decision in an economy with risky lifetime, and compare the laissez-faire with egalitarian social optima … retirement age, unlike the ex ante egalitarian optimum. This result is robust to the introduction of unequal life expectancies … and unequal productivities. Hence, the postponement of the retirement age can, quite surprisingly, be defended on …

complexity of age management in France. The low participation of French older workers in the labour market was the result of … premature exclusion, within a context of high unemployment and industrial restructuring. Discrimination concerning access to … jobs and training persists with regard to older workers. The management of ages is not yet something from which enterprises …

). Nevertheless, as today's workers evaluate their own retirement security, and as policymakers and business leaders assess the … are tremendous. As the baby boom generation grows older, it is doubtful that ever-longer retirement will continue to be … workers constitutes a crucial issue for the Member States of the EU and for France in particular where less than 37% of …

structure of the workforce in a sample of French manufacturing firms. We find evidence that the wage-bill share of older workers … is lower in innovative firms and that the opposite holds for younger workers. This age bias affects both men and women …. It is also evidenced within occupational groups, thus suggesting that skills do not completely protect workers against …

. Laying off workers aged 50 and above, French firms have to pay a tax to the unemployment insurance system, known as the … identify the effect of an exogenous change in employment protection among older workers on firm's incentives to provide training …. We find that this exogenous shock to employment protection for older workers substantially rises firms' incentives to train …

older workers have a less negative impact than expected. Our indicator of fair work recognition is the only one that is … explained by differences in observable characteristics of older workers employed in the two types of firm. It is rather due to a …

-elasticity-of-substitution (CES) specification in labour allows the imperfect substitution between different categories of workers. We use French … workers while high-skilled senior employees in manufacturing and trade are the most productive group. Throughout the sectors …, wage rates vary considerably less than productivity and wage profiles are steeper for high-skilled workers. The relative …

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 …

. 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 …

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 …