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Retirement, Early Retirement and Disability : Explaining Labor Force Participation after 55 in France
Behaghel, Luc - 2014
The estimates confirm that a decrease in the generosity of the pension and DI schemes induces people to stay longer in the labor market, and that people with better health tend to retire later. We present extreme situations simulating what individual's retirement behavior would have been if only...
Persistent link: https://www.econbiz.de/10012458634
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Meritocracy across Countries
Bandiera, Oriana; Kotia, Ananya; Lindenlaub, Ilse; … - National Bureau of Economic Research - 2024
Are labor markets in higher-income countries more meritocratic, in the sense that worker-job matching is based on … the role of worker-job matching in development accounting, we build an equilibrium matching model that allows for cross … determine match feasibility; (ii) technology, which determines the returns to matching; and (iii) idiosyncratic matching …
Persistent link: https://www.econbiz.de/10014528414
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Health Capacity to Work at Older Ages in France
Blanchet, Didier - 2016
Both methods predict high average levels of additional work capacity. However, the picture becomes somewhat different when disaggregating the results by social groups or education. Our results emphasize the idea that policies aiming at activating any estimated additional work capacity should...
Persistent link: https://www.econbiz.de/10012456649
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Optimal Gradualism
Lehr, Nils H.; Restrepo, Pascual - National Bureau of Economic Research - 2022
This paper studies how gradualism affects the welfare gains from trade, technology, and reforms. When people face adjustment frictions, gradual shocks create less adverse distributional effects in the short run. We show that there are welfare gains from inducing a more gradual transition via...
Persistent link: https://www.econbiz.de/10013477247
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Nominal Wage Rigidity in Village Labor Markets
Kaur, Supreet - 2014
This paper tests for downward nominal wage rigidity by examining transitory shifts in labor demand, generated by rainfall shocks, in 600 Indian districts from 1956-2009. Nominal wages rise in response to positive shocks but do not fall during droughts. In addition, transitory positive shocks...
Persistent link: https://www.econbiz.de/10012457896
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Slow to Hire, Quick to Fire : Employment Dynamics with Asymmetric Responses to News
Ilut, Cosmin - 2014
Concave hiring rules imply that firms respond more to bad shocks than to good shocks. They provide a unified explanation for several seemingly unrelated facts about employment growth in macro and micro data. In particular, they generate countercyclical movement in both aggregate conditional...
Persistent link: https://www.econbiz.de/10012458195
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Mismatch and Assimilation
Wang, Ping - 2018
Income disparity across countries has been large and widening over time. We develop a tractable model where factor requirements in production technology do not necessarily match a country's factor input profile. Appropriate assimilation of frontier technologies balances such multi-dimensional...
Persistent link: https://www.econbiz.de/10012480613
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Effects of international trade on unskilled labor wages
Alvisi, Marina; Crosta Blanco, Juan Ignacio - 1997
Persistent link: https://www.econbiz.de/10000961058
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How Much Consumption Insurance in Bewley Models with Endogenous Family Labor Supply?
Wu, Chunzan - 2018
We show that a calibrated life-cycle two-earner household model with endogenous labor supply can rationalize the extent of consumption insurance against shocks to male and female wages, as estimated empirically by Blundell, Pistaferri and Saporta-Eksten (2016) in U.S. data. With additively...
Persistent link: https://www.econbiz.de/10012453242
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Family Labor Supply Responses to Severe Health Shocks
Fadlon, Itzik - 2015
This paper provides new evidence on how household labor supply responds to fatal and severe non-fatal health shocks in the short- and medium-run. To identify the causal effects of these shock realizations, we leverage administrative data on families' health and labor market outcomes, and...
Persistent link: https://www.econbiz.de/10012457316