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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
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
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
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
receive generous pensions and face mandatory retirement by age 60, and an informal system, under which rural residents and … 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 …
Persistent link: https://www.econbiz.de/10010282251
Extending working lives is often proposed as one route through which the costs associated with population ageing can be managed. In that context, understanding who currently works for longer can help policymakers to design policies to facilitate longer working. In particular, it is important to...
Persistent link: https://www.econbiz.de/10011931629
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/10008565215
This paper uses a telephone survey of 950 employers to examine employer-side restrictions on phased retirement. Not …’s opportunity for phased retirement. The paper uses these data to first establish that employers are selective when offering … opportunities for phased retirement. It then examines what worker and job characteristics are particularly important in the …
Persistent link: https://www.econbiz.de/10005822563
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 … actual retirees with data on expected retirement ages of current workers to create a longer perspective on changes in …
Persistent link: https://www.econbiz.de/10010280715
The paper provides a framework for the conceptualization, definition and estimation of legacy costs that need to be addressed in a reform that transforms an unfunded defined contribution (NDB) scheme into a notional (or non-financial) defined contribution (NDC) scheme. As the new contribution...
Persistent link: https://www.econbiz.de/10010278557