While much has been made of the value of employment relative to unemployment, much less is known about the value of … work relative to retirement. We here use two European panel datasets to first show that psychological well-being (measured …

are tremendous. As the baby boom generation grows older, it is doubtful that ever-longer retirement will continue to be …). Nevertheless, as today's workers evaluate their own retirement security, and as policymakers and business leaders assess the … and practices. Work will be central to this process of change. The development and enhancement of employment for older …

the labour-market consequences of ageing. More detailed analysis of employment inflows and outflows shows that new …

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 …

differing contribution of employment relations and work organisation characteristics in shaping the balance between effort and …

for a job. This is because of the short time-horizon of workers close to retirement. We propose to introduce a pension tax … dependent on the length of the unemployment spell. We show that this device performs better than a wage tax after re-employment …. First, it makes jobs more attractive, as they are free of tax. Second, because re-employment will be short-lived, a pension …

pension tax instead of wage tax. First, the pension tax provides greater incentives as the value of re-employment is tax …-free. Second, the short job duration before retirement implies that the budgetary return and search incentives associated with the …. Finally, even in the special case where search intensity is zero close to retirement, perfect risk-sharing across unemployment …

for a job. This is because of the short time-horizon of workers close to retirement. We propose to introduce a pension tax … dependent on the length of the unemployment spell. We show that this device performs better than a wage tax after re-employment …. First, it makes jobs more attractive, as they are free of tax. Second, because re-employment will be short-lived, a pension …