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In this paper, we explore the links between pension reform, early retirement, and the use of unemployment as an alternative pathway to retirement. We use a dynamic rational expectations model to analyze the search and retirement behaviour of employed and unemployed workers aged 50 or over. The...
Persistent link: https://www.econbiz.de/10010875544
marginal tax rate, (iii) a reduction in the heterogeneity of workers performing the same task. The likely effect of all three …
Persistent link: https://www.econbiz.de/10005644749
No abstract.
Persistent link: https://www.econbiz.de/10010684474
the incentives created by public regulations. We improve upon the extensive prior literature on the effect of pension … incentives on retirement by jointly modeling the transitions between employment, unemployment and retirement, paying special …
Persistent link: https://www.econbiz.de/10011051683
disentangling the heterogeneity captured by groups of variables that are considered to explain regional unemployment differentials …. Our findings suggest that differences on qualified labour supply levels, participation incentives and age structure are … important to understand regional heterogeneity on labour markets and unemployment rates. In addition, we find that cities that …
Persistent link: https://www.econbiz.de/10010733754
Unemployment has been robustly shown to strongly decrease subjective well-being (or "happiness"). In the present paper, we use panel quantile regression techniques in order to analyze to what extent the negative impact of unemployment varies along the subjective well-being distribution. In our...
Persistent link: https://www.econbiz.de/10010784899
a company's most relevant features, which is indirectly consistent with the theory of company life cycles. Originality …/value – The empirical results obtained are of value to support the validity of company life cycle theory. …
Persistent link: https://www.econbiz.de/10004987698
Persistent link: https://www.econbiz.de/10002493304
Persistent link: https://www.econbiz.de/10001241873