The circular interplay between demography-employment-productivity-PayGo is investigated for Italy and Italian …

The circular interplay between demography-employment-productivity-PayGo is investigated for Europe and Us. Looking …

Early retirement of workers is used by firms as means to rejuvenate their workforces. In principle, workers can either … simply be laid off or can be offered an early retirement option combined with a financial bonus. However, dismissing masses … early retirement with a severance pay at least maintains the semblance of a worker’s voluntary decision. Cross …

job-related factors, can significantly influence the decision to postpone retirement when this decision is in the hands of … an individual. Starting from the fact that the employment rate of older workers in Slovenia in 2011 was the lowest in the …

individuals' employment, retirement and consumption decisions. Our modeling approach allows life expectancy and the nature of the … public pension system to influence the decisions of forward-looking individuals planning for retirement. We calculate that …, increasing the full pensionable age generates the largest responses in labor supply and retirement behavior. …

Employment to population ratios differ markedly across OECD coun- tries, especially for people over 55. Social security … tests. I conjecture that differences in social security features explain many differences in employment to population ratios … at older ages. I assess my conjecture quantitatively with a life cycle general equilibrium model of retirement. At ages …

There are large differences in the employment to population ratio relative to the US across OECD countries, and these … observations suggest that they might be an important contributing factor in accounting for differences in retirement. I assess … quantitatively the importance of these features using a life cycle general equilibrium model of retirement. I find that the …