Showing 1 - 9 of 9
to the rise of a fourth pillar of retirement income: labor earnings. Using data from the German Socio-economic Panel, we … find that retirees with low nonlabor income are more likely to work after normal retirement age. The negative relationship … strong for retirees with low income. We conclude that labor market earnings constitute a pillar of retirement income already …
Persistent link: https://www.econbiz.de/10010294732
This paper analyzes a North-South trade model with costly offshoring and equilibrium unemployment due to union wage …
Persistent link: https://www.econbiz.de/10010294747
paper is twofold: First, I estimate transition rates into disability retirement, both prior to and after the reform in order … to evaluate the effect of the reform on retirement behavior. Second, I use the exogenous variation in (a) expected … individuals' responses in retirement behavior to financial incentives. While health status and expected wages turn out to be …
Persistent link: https://www.econbiz.de/10010294731
In this study, I investigate the effect of partial retirement at the firm level on older workers' labor participation …. Thereby, I contribute to the controversial debate about the effects of partial retirement. Using detailed administrative … employer-employee data from Germany, I exploit the introduction of partial retirement options in Germany related to the law on …
Persistent link: https://www.econbiz.de/10014296310
We investigate whether a cut in unemployment benefit payout periods affected older workers' labor market transitions … unemployed declined after the reform. These patterns suggest that the reform of unemployment benefits may be one of the reasons …
Persistent link: https://www.econbiz.de/10011869118
The empirical literature on unemployment almost exclusively focuses on the duration of distinct unemployment spells. In … unemployment (defined as the total length of all unemployment spells over a 25-year period). This new perspective enables us to … answer questions regarding the longterm distribution and determinants of unemployment for West German birth cohorts 1950 …
Persistent link: https://www.econbiz.de/10010294743
This paper quantifies the surprisingly large heterogeneity of real income and employment effects across German counties in response to local productivity shocks. Using a quantitative model with imperfect mobility and sector-specific labor market frictions together with an outstanding data set of...
Persistent link: https://www.econbiz.de/10012042387
economic outcomes. The question is whether higher transparency comes at some cost, i.e. higher unemployment or higher … unemployment variability. Firstly, the article shows in a theoretical model that opaqueness regarding the central bank …'s preferences does not necessarily lead to lower unemployment. Secondly, the paper analyses the main theoretical results of other …
Persistent link: https://www.econbiz.de/10011869121
properties of each single parameter in a DSGE model separately. In the case of France, Germany, and Italy our results point to … behavior for France, Italy, and Spain, while monetary policy in Germany seems to be stable over time. …
Persistent link: https://www.econbiz.de/10010294717