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of the marginal actuarially fair incentives in case of postponed retirement. Social Security then faces a tradeoff … between giving enough incentives to make individuals actually delay retirement and giving little increase in pensions in order …. Furthermore, we analyze the interactions between wealth and retirement behavior. …
Persistent link: https://www.econbiz.de/10010262214
competition), unemployment inequalities and job instability during the polarization process of the labor market fostered by the … stability, the size of each labor market segment and the unemployment rates …
Persistent link: https://www.econbiz.de/10010268006
policies in France. Finally we show that the age-dynamics of employment is optimal when the Hosios condition holds and we …
Persistent link: https://www.econbiz.de/10010268085
unemployment and the distribution of both wages and productivity are endogenous. By means of simulations of this model estimated on …
Persistent link: https://www.econbiz.de/10010274094
To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained by added value, working time and real labour cost. Estimations using quarterly French macro-economic data are carried out in a multivariate framework for three sets of sectors....
Persistent link: https://www.econbiz.de/10010275663
This paper examines the set of interdependences between the formation of wages, prices and the minimum wage (SMIC) through a vectorial error correction model estimated on French quarterly macroeconomic data covering the 1970-1/1999-4 period. Two periods are distinguished: the period of inflation...
Persistent link: https://www.econbiz.de/10010261586