propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement …: the retirement decision of unemployed workers depends on the labor-market frictions whereas that of employed workers does …

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 …

, 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 …This paper shows that optimal unemployment insurance contracts are age-dependent. Older workers have only a few years …

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 …

policies in France. Finally we show that the age-dynamics of employment is optimal when the Hosios condition holds and we …

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 …

In this paper we study the separate effects of unemployment and job displace- ment on fertility in a sample of white … collar women in Austria. Using an instru- mental variables approach we show that unemployment incidence as such has no … so irrespective of the incidence or the duration of the associated unemployment spell. …

reduction in fertility is not due to the income loss generated by unemployment but arises because displaced workers undergo a …