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retirement as an absorbing state, that we calibrate to match the observed patterns. Our finding is that the dynamics of relative … into retirement. In contrast, differences in layoff rates and job offer arrival rates cannot explain these patterns. Our … results support the idea that retirement incentives, more than weak labor demand, are responsible for the low employment rates …
Persistent link: https://www.econbiz.de/10010128398
retirement as an absorbing state, that we calibrate to match the observed patterns. Our finding is that the dynamics of relative … into retirement. In contrast, differences in layoff rates and job offer arrival rates cannot explain these patterns. Our … results support the idea that retirement incentives, more than weak labor demand, are responsible for the low employment rates …
Persistent link: https://www.econbiz.de/10010224747
retirement as an absorbing state, that we calibrate to match the observed patterns. Our finding is that the dynamics of relative … into retirement. In contrast, differences in layoff rates and job offer arrival rates cannot explain these patterns. Our … results support the idea that retirement incentives, more than weak labor demand, are responsible for the low employment rates …
Persistent link: https://www.econbiz.de/10011345859
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 workers before retirement. Conditional on individual retirement …
Persistent link: https://www.econbiz.de/10011341771
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 workers before retirement. Conditional on individual retirement …
Persistent link: https://www.econbiz.de/10011296070
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 workers before retirement. Conditional on individual retirement …
Persistent link: https://www.econbiz.de/10011296975
Persistent link: https://www.econbiz.de/10011433015
Persistent link: https://www.econbiz.de/10011392688
Persistent link: https://www.econbiz.de/10011316477
Persistent link: https://www.econbiz.de/10009741049