increase in the working horizon on (un)employment behaviour for individuals with a long remaining statutory working life. Using … probability of employment, decreases the probability of unemployment, and increases the intensity of job search among the … unemployed. Heterogeneity analyses show that the demonstrated employment effects are strongest for women and in occupations with …

-cycle insurance impact is much smaller. At the mean, a positive hours shock of one standard deviation raises life-time income by 10 …