In view of the demographic trends, most EU countries face the problem of a declining work force in the future. Understanding the interaction between income support systems (such as unemployment benefits, social assistance, early retirement and pension systems) and total labor supply is of...

In view of the demographic trends, most EU countries face the problem of a declining workforce in the future. Understanding the interaction between income support systems (such asunemployment benefits, social assistance, early retirement and pension systems) and totallabor supply is of crucial...