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

heterogeneity into account.Our results indicate that participation in JCS increases the unemployment duration mainly due to profound … leave unemployment quicker than other groups, which results in highly skilled women benefiting from participation. However …, we find no significant impact on post-unemployment employment stability. Our results are robust to allowing for random …

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 …