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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/10011296975
This paper analyzes patterns in the earnings development of young labor market entrants over their life cycle. We identify four distinctly different types of transition patterns between discrete earnings states in a large administrative data set. Further, we investigate the effects of labor...
Persistent link: https://www.econbiz.de/10009241799
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In 1996 Austria introduced a tax for the layoff of older workers, which was tightened in 2000. The regulation requires employers to pay a tax of up to 170 percent of the gross monthly income when they give notice to employees aged 50 or more. We use data from Austrian social security records to...
Persistent link: https://www.econbiz.de/10009239045
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We investigate whether the costs of job displacement differ between blue collar and white collar workers. In the short run earnings and employment losses are substantial for both groups but stronger for white collar workers. In the long run, there are only weak effects for blue collar workers...
Persistent link: https://www.econbiz.de/10009239054
) contributions from unemployment insurance funds, by the previous firms themselves, as well as by a collectively-bargained special …
Persistent link: https://www.econbiz.de/10009750868
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/10009239692
Persistent link: https://www.econbiz.de/10001202709
signiffcantly below those of a control group, even after six years. -- fertility ; unemployment ; plant closings ; human capital …
Persistent link: https://www.econbiz.de/10009241472