How does the retirement age affect the physical and mental health of seniors? We identify this effect based on the 1993 … employment in France in 1999 and 2005, when the cohorts affected by the reform started to retire. A difference … potential influence of health on employment choices, we show that retirement improves physical and social health. The more …

. Laying off workers aged 50 and above, French firms have to pay a tax to the unemployment insurance system, known as the …

. Finally, even in the special case where search intensity is zero close to retirement, perfect risk-sharing across unemployment …At the end of working life, as well as reducing unemployment benefits, the unemployment-insurance agency could apply …-free. Second, the short job duration before retirement implies that the budgetary return and search incentives associated with the …

the retirement decision in an economy with risky lifetime, and compare the laissez-faire with egalitarian social optima … retirement age, unlike the ex ante egalitarian optimum. This result is robust to the introduction of unequal life expectancies … and unequal productivities. Hence, the postponement of the retirement age can, quite surprisingly, be defended on …

While much has been made of the value of employment relative to unemployment, much less is known about the value of … work relative to retirement. We here use two European panel datasets to first show that psychological well-being (measured …

adults work some fraction of the old-age, whatever the retirement age is fixed or chosen by the agents. …