This paper deals with the study of older workers’ job satisfaction as a factor that, combined with other personal and 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...

The circular interplay between demography-employment-productivity-PayGo is investigated for Italy and Italian geographical repartitions. Looking forward to the mid-long run, the paper offers simulations of the burden each effective worker and each active citizen will have to bear to finance via...

This study aimed at determining the factors of early retirement in Denmark by making use of longitudinal panel data from the Survey of Health, Ageing and Retirement in Europe (SHARE). The outcome variable of interest was the self-assessed employment situation at the time of the interview. The...

Cet article porte sur l'effet conjoint de l'accroissement de l'esperance de vie et de l'abaissement de l'age de l ; a retraite sur l'equilibre financier du systeme de retraite.

In a recent work (Hairault et al., 2006), we claim that the short distance to retirement constitutes one of the main economic mechanisms behind the low employment rate of older workers. As a result, delaying the retirement age could boost employment at the end of the working life. Our view has...

The particularly low employment rate of French older workers could be explained by a « distance to retirement » effect. In fact, employers and employees? investment in the work relation would be not profitable when employees are near to retirement. In their empirical study, Hairault and al....

With almost 50 per cent of the working age population not working, improving labour market performance represents an essential and daunting challenge for Poland. While some of today’s joblessness is cyclical in nature, most of it appears to be structural. This paper argues that to increase...

The purpose of the present paper is to extend the previous analysis to allow for the retirement age to vary between 55 and 65 years. The analysis focuses on two main questions. First, to what extent does the current system in Australia ( in its mature form) offer an incentive for individuals to...

In this paper I will introduce a new political economy model, where there exists a competition amongst two political candidates, which aim to set a policy which enables them to win elections, max- imising the probability of winning. I will show that, if taxes neces- sary to repay the debt are...