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After nearly a full century of decline, the Labor Force Participation Rate (LFPR) of older men in the United States leveled off in the 1980s, and began to increase in the late 1990s. We use a time series of cross sections from 1962 to 2005 to model the LFPR of men aged 55-69, with the aim of...
Persistent link: https://www.econbiz.de/10013316854
and duration is primarily due to a reduction in exits from the labor force rather than a decrease in exits to employment …
Persistent link: https://www.econbiz.de/10013082771
-recession levels. The employment consequences of job loss are also very serious during this period with very low rates of reemployment … and difficulty finding full-time employment. The reduction in weekly earnings for those job losers during the 2007 …-2013 period who were able to find new employment are not unusually large by historical standards …
Persistent link: https://www.econbiz.de/10013021951
research, we find a positive impact of the reform on employment and labour force participation, but also large negative impacts …
Persistent link: https://www.econbiz.de/10012825603
contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three …-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and …
Persistent link: https://www.econbiz.de/10012870250
scheme. We show that when retirement decisions are endogenous, aging increases the retirement age and the steady state level … of capital. The effect on pension payouts is in general ambiguous, except for the solution of full retirement, when this …
Persistent link: https://www.econbiz.de/10012989833
This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …
Persistent link: https://www.econbiz.de/10013251539
We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 … implications using net household income. In this respect we extend the previous literature which mainly studied employment effects … larger employment effects for women who cannot rely on other income on the household level, e.g. women with a low income …
Persistent link: https://www.econbiz.de/10012915328
This paper analyzes the relationship between immigrants' retirement status and the prevalence of return migration from … conditions the probability of return migration is maximized at retirement. Reduced-form models of retirement status which control … countrymen, particularly amongst men. This link is strongest for those individuals who are at (or near) retirement age and among …
Persistent link: https://www.econbiz.de/10013324741
We investigate how Japanese men aged 60-74 adjust their workforce attachment after beginning to receive a public pension. Men who were employees at age 54 gradually move to part-time work or retire after beginning to receive pension benefits; those who continue working are more likely to be...
Persistent link: https://www.econbiz.de/10013001853