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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
reduction in hours of work, before retirement, on the moment of exit from the labor force. If, as often suggested, flexibility … in hours of work is a useful measure to postpone retirement, then a reduction in working hours should be associated with … retirement at later ages. Results prove otherwise suggesting that reducing hours of work before retirement is associated with …
Persistent link: https://www.econbiz.de/10010282150
women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons …-off between later retirement versus increased work intensity, produce relevant background facts, and provide estimates of the …
Persistent link: https://www.econbiz.de/10010269397
Many pay-as-you-go pension systems have increased or plan to increase their legal retirement age (LRA) to address the …
Persistent link: https://www.econbiz.de/10010275830
The paper asks why retirement can be so abrupt in countries such as France (1/2% of the workforce over 65), yet staged … make little allowance for fair pension increases if retirement is deferred. While these laws have begun to change, we find …
Persistent link: https://www.econbiz.de/10010276698
first five waves of the Health and Retirement Study. We also provide model simulations for two widely discussed reform …
Persistent link: https://www.econbiz.de/10010262042
employed. Observed covariates including wages and retirement benefits help to explain these patterns, but unobserved …
Persistent link: https://www.econbiz.de/10010262253
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
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