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According to the Hutchens (1999) model, early retirement is not explained as a result of maximizing expected individual utility but rather as a demand-side phenomenon arising from a firm's profit-maximizing behaviour. Firms enter into contracts with their employees that include clauses about...
Persistent link: https://www.econbiz.de/10012776384
We provide an explanation for the common finding that the effect of retirement on life satisfaction is negligible. For this we use subjective well-being measures for life and domains of life satisfaction that are available in the German Socio-Economic Panel (GSOEP) and show that the effect of...
Persistent link: https://www.econbiz.de/10013129086
, in speeding up the matching process between unemployed and vacant jobs. The analysis is conceptually rooted in the flow …-based view underlying the reforms, estimating the structural features of the matching process. The results indicate that the … reforms indeed had an impact in making the labor market more dynamic and accelerating the matching process …
Persistent link: https://www.econbiz.de/10012778974
This paper studies the role of job search assistance programs in optimal welfare-to-work programs. The analysis is based on a framework, that allows for endogenous choice of benefit types and levels, wage taxes or subsidies, and activation measures such as monitoring and job search assistance...
Persistent link: https://www.econbiz.de/10013147543
In this paper, we assess the impact of firms introducing part-time work schemes for gradual labour market exit of elderly workers on their employees' labour market outcomes. The analysis is based on unique linked employer-employee data that combine high-quality survey and administrative data....
Persistent link: https://www.econbiz.de/10013077333
Despite the increased frequency of job loss for older workers in Europe, little is known on its effect on the work-retirement decision. Employing individual data from the European Community Household Panel for Germany, Italy, Spain, and the U.K., a multivariate competing-risks hazard model is...
Persistent link: https://www.econbiz.de/10013316799
administrative data set from Germany and statistical matching techniques. Our treatment groups consist of unemployed persons taking …
Persistent link: https://www.econbiz.de/10013144940
We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...
Persistent link: https://www.econbiz.de/10014058461
We use data from time-use surveys and the Mexican Health and Aging Study (MHAS) to analyze the relationship between … finding has important gender equality implications. Also, in a region that is aging faster than any other in the world, social …
Persistent link: https://www.econbiz.de/10013227185
of the individual labor market condition. We combined matching methods and parametric estimation to strengthen the causal …
Persistent link: https://www.econbiz.de/10014356976