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This paper describes early retirement option programs in collective agreements in Sweden during the 1990s. We highlight the differences between actual pension benefits and those stipulated in the standard agreements. We find that the individuals frequently face far better options than those...
Persistent link: https://www.econbiz.de/10010321559
We model retirement behavior in Sweden during the 1990ies with focus on voluntary early retirement where there is an option for "buy-outs". An employer can offer the employees generous pension programs if the employee agrees on early retirement. Earlier studies have neglected such offers, but in...
Persistent link: https://www.econbiz.de/10010321591
This paper takes a fresh look at the analysis of labour market dynamics and argues that capital accumulation plays a fundamental role in shaping unemployment movements. This role has generally been examined by considering indirect transmission channels of the capital stock effects, i.e. using...
Persistent link: https://www.econbiz.de/10010284193
inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 … years. We find that during the nineties the cost of a one percent increase in employment was in the range of 0 …
Persistent link: https://www.econbiz.de/10010286279