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. Interestingly, this program is targeted to individuals aged 50 years or older, living in certain eligible regions in Austria. In the …
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In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep seniority wage profiles as incentives for firms to dismiss older...
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for elderly workers in Austria. The REBP extended entitlement to regular unemployment benefits from 30 weeks to a maximum …
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