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propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement …: the retirement decision of unemployed workers depends on the labor-market frictions whereas that of employed workers does …
Persistent link: https://www.econbiz.de/10013106958
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
time period 1996-2015. We examine the transition from unemployment to retirement as a multi-year process. We analyse … out of unemployment because they become eligible to receive pension benefits. We use a unique dataset covering the … unemployment histories (longitudinal data) of individuals born between 1940 and 1965 who were registered with any of the public …
Persistent link: https://www.econbiz.de/10012959037
The European Employment Strategy has set the goal of raising the retirement age of workers in the EU through a strategy … supranational policy initiatives and national politico-economic factors in shaping the transition from work to retirement in EU … the approach of firms and workers to early retirement. Policy changes influence actors' behavior in the medium run and …
Persistent link: https://www.econbiz.de/10013129931
context of work and retirement patterns in Indonesia, Korea, the United States, and the United Kingdom. As is common in many … developing countries, China can be characterized as having two retirement systems: a formal system, under which urban employees … receive generous pensions and face mandatory retirement by age 60, and an informal system, under which rural residents and …
Persistent link: https://www.econbiz.de/10013118526
This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers …. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 … empirical analysis suggest that this policy change reduced retirement by 19 percentage points among affected men and by 25 …
Persistent link: https://www.econbiz.de/10013121921
Earlier studies conclude that spouses' retirement strategies are not independent from each other and that policies … retirement age legislation in France as well as a retirement policy change to identify the effect of own and spousal retirement … significant jumps in the own retirement probability at the legal early retirement age for both men and women in a couple. We also …
Persistent link: https://www.econbiz.de/10013099778
education, gender, home ownership, aggregate unemployment at the time of retirement, age and education. Being married has a … participation in the 60+ group. We analyze trends for the early retirement age interval 60-64 and for the age group 65-74 where … has been most pronounced among 60-64-year-olds and among women. We find significant impact on work after retirement from …
Persistent link: https://www.econbiz.de/10013106635
identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most …Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be … prominent ones. We analyze the retirement decision of Belgian workers adopting an option value framework, and pay special …
Persistent link: https://www.econbiz.de/10013071759
This paper considers the work to "retirement" transitions of the rural elders in China who reside in seven regions with …
Persistent link: https://www.econbiz.de/10013015012