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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
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
The paper studies the impact from variations in unemployment on retirement among older workers. We integrate … unemployment variations with early retirement programs and other pathways out of the labor force. The paper describes retirement … unemployment on the retirement decision. Unemployment is found highly significant and quantitatively important for the retirement …
Persistent link: https://www.econbiz.de/10013106634
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
retirement spells has been steadily increasing. We estimate the response of retirement timing to variations in unemployment rate …, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate … rises. Workers around normal retirement age are especially sensitive to variations in the unemployment rate. Workers who are …
Persistent link: https://www.econbiz.de/10013061926
retirement behaviour in Canada. We also investigate trends in work after retirement. Our findings are in line with findings from …Using data from three waves of the General Social Survey on retirement and older workers (1994, 2002 and 2007), we … document the evolution of retirement patterns over the last three decades. We combined the analysis of retirement ages of …
Persistent link: https://www.econbiz.de/10013120013
We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S.. Using two … complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the … marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are …
Persistent link: https://www.econbiz.de/10012956011
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10012983895
increase the probability of re-employment following unemployment …
Persistent link: https://www.econbiz.de/10013118043
We evaluate a comprehensive reform of Norwegian early retirement institutions in 2011 through the lens of a … retirement and exits through disability insurance. Lower access-age to own pension funds caused a small increase in employment …
Persistent link: https://www.econbiz.de/10014347447