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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/10012780624
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/10013016305
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/10013317215
unemployment at business cycle frequencies by using administrative data on registered unemployment and labor force surveys. We … first investigate the fluctuations in steady state unemployment, and then in current unemployment in order to take into … account the unemployment deviations from equilibrium. Our results show the dominant role of the job finding rate in accounting …
Persistent link: https://www.econbiz.de/10013099116
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/10013325049
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/10013158660
This paper measures the job-search responses to the COVID-19 pandemic using realtime data on vacancy postings and ad views on Sweden's largest online job board. First, the labour demand shock in Sweden is as large as in the US, and affects industries and occupations heterogeneously. Second, the...
Persistent link: https://www.econbiz.de/10012833886
We estimate the causal effect of parents' unemployment on unemployment among their children in their own adulthood. We …) identification strategy using parents' job loss during a mass layoff as the instrument. We find evidence of unemployment inheritance … in the next generation. An additional day of unemployment during childhood causally raises the average unemployment days …
Persistent link: https://www.econbiz.de/10012838422
their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive …
Persistent link: https://www.econbiz.de/10013055568
We analyze the effect of automation and offshorability on unemployment duration and post-unemployment 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/10012912236