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 …

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

their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive …