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away from individual retirement accounts (IRAs). Although the idea is provocative, we conclude that the notion of “moving …
Persistent link: https://www.econbiz.de/10008565419
to the reference value around 4.5%. As a result of the policy, during the last ten years unemployment in France was twice …A linear and lagged relationship between inflation, unemployment and labor force change rate, π(t)=A0UE(t-t0)+A1dLF …. The relationship obtained for France is characterized by A0=-1, A1=4, A2=0.095, t0=4 years, and t1=4 years. For GDP …
Persistent link: https://www.econbiz.de/10005835964
While numerous Western countries first experienced cultural rationalization, next economic modernization, and then faced the challenges of population aging and pension policy reform, both Latin America and China, in contrast, are dealing with these challenges in the context of much less...
Persistent link: https://www.econbiz.de/10005836735
This study explores the factors that affect an individual’s happiness while transitioning into retirement. Recent … studies highlight gradual retirement as an attractive option to older workers as they approach full retirement. However, it is … not clear whether phasing or cold turkey makes for a happier retirement. Using longitudinal data from the Health and …
Persistent link: https://www.econbiz.de/10011267891
This study explores the factors that affect an individual’s happiness while transitioning into retirement. Recent … studies highlight gradual retirement as an attractive option to older workers as they approach full retirement. However, it is … not clear whether phasing or cold turkey makes for a happier retirement. Using longitudinal data from the Health and …
Persistent link: https://www.econbiz.de/10005260123
: Longitudinal data was drawn from the Health and Retirement Survey and the RAND-HRS data base for more than 6,000 individuals aged … work on mood indicators and mortality. For those forced into retirement (20% of the sample), work is not an alternative …
Persistent link: https://www.econbiz.de/10005616686
, price inflation, labor force participation, productivity, and unemployment. The evolution of real GDP depends only on …
Persistent link: https://www.econbiz.de/10005260315
We have modeled the employment/population ratio in the largest developed countries. Our results show that the evolution of the employment rate since 1970 can be predicted with a high accuracy by a linear dependence on the logarithm of real GDP per capita. All empirical relationships estimated in...
Persistent link: https://www.econbiz.de/10009220106
unemployment. To this goal, we develop a Schumpeterian model of endogenous growth: agents have the choice of being employed or … being doing R&D activities. Unemployment is caused by the wage-setting behavior of unions. We show that: (i) High labor … costs or powerful trade unions lead to higher unemployment and lower economic growth. (ii) Efficient bargain allows to …
Persistent link: https://www.econbiz.de/10005787102
Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in … force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for … Austria, Canada, France, Germany, Japan, and the United States. Autoregressive properties of neither of these variables are …
Persistent link: https://www.econbiz.de/10005837146