Showing 1 - 10 of 21
retirement incentives and work incentives of prime-age workers. We find that postponed retirement tends to harm incentives of … implicit in contribution rates. -- pension reform ; retirement ; hours worked ; tax benefit link ; actuarial adjustment …
Persistent link: https://www.econbiz.de/10009736648
This paper investigates the consequences of pension reform for life-cycle unemployment and retirement. We find that (i … lead to more unemployment among older ones, encourages postponed retirement and most likely yields positive welfare gains …. -- pensions ; tax benefit link ; retirement , unemployment …
Persistent link: https://www.econbiz.de/10009686201
the permanent and transitory components for the movements of the unemployment rate in four countries (Austria, France, UK …In this paper we challenge the traditional labour market view, which argues that unemployment is determined in the long …, and USA). We find that the transitory component has a significant impact on unemployment only in the US. In contrast to …
Persistent link: https://www.econbiz.de/10009736647
in France, whose population ages slower than in Germany. I also show that pension reforms can change the cross …
Persistent link: https://www.econbiz.de/10011800785
Based on Austria's fiscal stance in 1995, we compute the generational accounts for currently living as well as future generations. The results reveal the existence of an enormous intergenerational imbalance in favor of currently living generations. Total public sector liabilities may be more...
Persistent link: https://www.econbiz.de/10009714283
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/10011764356
positive probability of passing away before the retirement period. We find non-pathological cases where it is better for long …
Persistent link: https://www.econbiz.de/10009686203
. (5) Benefits are increasing with the taxes paid. (6) Benefits induce retirement. We present a model that can explain …
Persistent link: https://www.econbiz.de/10009725023
We analyze the effect of automation and offshorability on unemployment duration and postunemployment outcomes such as … wages and employment stability. Our rich administrative data allow us to evaluate the importance of providing unemployment …
Persistent link: https://www.econbiz.de/10011895976
modern labour market literature NAIRU is defined as the rate of unemployment at which inflation stabilizes in the absence of … any wage-price surprises. Conventional thinking about the equilibrium unemployment rate assumes that in the long run NAIRU …-mechanisms" which could lead to permanent shifts of equilibrium unemployment over time, implying that an unique long run NAIRU may not …
Persistent link: https://www.econbiz.de/10009697453