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The present paper analyzes the budgetary impact of various Social Security reforms in the Belgian institutional setting. Our approach relies on parameters that were derived in Dellis et alii (2002) using a micro-modeling strategy. Focusing our attention on a hypothetical age cohort, we...
Persistent link: https://www.econbiz.de/10010272725
retirement. The results remain robust when controlling for technological change and work commitment. …
Persistent link: https://www.econbiz.de/10010268867
retirement among men aged 55-69, and the proportion of workers aged 25-34 working part-year and/or part-time. The latter was an … career and retirement. It has been demonstrated in a series of studies that a large proportion (as many as two-thirds) of … older men - especially those in lower-wage jobs - seek such bridge jobs before retirement. And in many cases these bridge …
Persistent link: https://www.econbiz.de/10010269584
of retirement among women aged 55-69, and the proportion of workers aged 25-34 working part-year and/or part-time. The …/or part-time - between career and retirement. It has been demonstrated in earlier studies that older women - especially those … in lower-wage jobs - often seek such bridge jobs before retirement. And in many cases these bridge jobs are not in the …
Persistent link: https://www.econbiz.de/10010269598
This paper discusses the specificities of the labor market for older workers. It discusses the implications of those specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment benefits indexed backwards and hiring costs are...
Persistent link: https://www.econbiz.de/10010271319
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/10010329012
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/10010282251
left on the labor market prior to retirement. This short horizon implies a more digressive replacement ratio. However …, there is a sufficiently short distance to retirement for which flat unemployment benefits can be the optimal contract as the … optimal contract that integrates unemployment insurance and retirement pension systems. …
Persistent link: https://www.econbiz.de/10010269168
. It is likely that the individual level of wealth will become an increasingly important factor in the retirement decision …
Persistent link: https://www.econbiz.de/10010271873
As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement … propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …: the retirement decision of unemployed workers depends on the labor-market frictions whereas that of employed workers does …
Persistent link: https://www.econbiz.de/10010282314