Showing 1 - 9 of 9
unemployment benefits for older workers helps explain the low rate of employment just before the early retirement age. Decreasing … activity not only decreases the participation rate by inducing early retirement, but also badly affects the employment rate of … older workers just before early retirement age. Countries with an early retirement age at 60 also have lower employment …
Persistent link: https://www.econbiz.de/10003283431
of the marginal actuarially fair incentives in case of postponed retirement. Social Security then faces a trade …-off between giving enough incentives to make individuals actually delay retirement and giving little increase in pensions in order …. Furthermore, we analyze the interactions between wealth and retirement behavior. …
Persistent link: https://www.econbiz.de/10002630854
In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send … expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement …
Persistent link: https://www.econbiz.de/10011296070
, there is a sufficiently short distance to retirement for which flat unemployment benefits can be the optimal contract as the … optimal contract that integrates unemployment insurance and retirement pension systems. -- Unemployment insurance ; retirement …This paper shows that optimal unemployment insurance contracts are age-dependent. Older workers have only a few years …
Persistent link: https://www.econbiz.de/10003825176
We investigate how Japanese men aged 60-74 adjust their workforce attachment after beginning to receive a public pension. Men who were employees at age 54 gradually move to part-time work or retire after beginning to receive pension benefits; those who continue working are more likely to be...
Persistent link: https://www.econbiz.de/10011449508
into account distortions related to unemployment benefits and bargaining power shows the robustness of this result, in …
Persistent link: https://www.econbiz.de/10003778997
The labor supply effects of becoming a grandmother are not well established in the empirical literature. We estimate the effect of becoming a grandmother on the labor supply decision of older workers. Under the assumption that grandmothers cannot predict the exact date of conception of their...
Persistent link: https://www.econbiz.de/10011772345
policy to allow flexible retirement options for the elderly with an aim to increase labour supply. According to our matching …. Furthermore, the programme seems to reduce the measured unemployment risk. However, the total number of hours worked is …
Persistent link: https://www.econbiz.de/10003858865
policies in France. Finally we show that the age-dynamics of employment is optimal when the Hosios condition holds and we …
Persistent link: https://www.econbiz.de/10003449488