impact on retirement age and the pension benefits. Employment breaks like unemployment or parental leave will reduce earnings …

unemployment and job flexibility has sharply risen. As a consequence, some cohorts appear to be more exposed to career … unemployment, part-time employment and inactivity periods. Our results show how, by compensating for some career accidents, the …

responses of output, inflation, labor share and the nominal interest rate to a supply shock as identified through a structural …

The euro area as a whole has experienced a marked downward trend in inflation over the past decades and, concomitantly … these dynamics? To answer this question, we embed serially correlated changes in the inflation target into a DSGE model with … real and nominal frictions. The formal Bayesian estimation of the model suggests that gradual changes in the inflation …