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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
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
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 derive a sufficient statistics optimal tax formula in a general model that incorporates unemployment and endogenous … resembles a Negative Income Tax than an Earned Income Tax Credit relative to the case where unemployment and wage responses are …
Persistent link: https://www.econbiz.de/10012999019
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
We estimate the responses of gross labor earnings with respect to marginal and average net-of-tax rates in France over …
Persistent link: https://www.econbiz.de/10013118267