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This paper discusses the specificities of the labor market for older workers. It discusses the implications of those specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment benefits indexed backwards and hiring costs are...
Persistent link: https://www.econbiz.de/10010271319
reduction in hours of work, before retirement, on the moment of exit from the labor force. If, as often suggested, flexibility … in hours of work is a useful measure to postpone retirement, then a reduction in working hours should be associated with … retirement at later ages. Results prove otherwise suggesting that reducing hours of work before retirement is associated with …
Persistent link: https://www.econbiz.de/10010282150
If retirement means a substantial and sustained reduction in the time spent working for pay or profit, measurement … retirement is about 63 for men, 62 for women. That is true for all cohorts. If earning up to half of one's previous employment …
Persistent link: https://www.econbiz.de/10010289649
are time consuming activities that can be produced within the household or bought at the market and are, thus, connected … through the intertemporal budget constraint of the household that accounts for time and money. This paper models that link and …
Persistent link: https://www.econbiz.de/10010294364
are time consuming activities that can be produced within the household or bought at the market and are, thus, connected … through the intertemporal budget constraint of the household that accounts for time and money. This paper models that link and …
Persistent link: https://www.econbiz.de/10010288236
. Differences for older male and female workers over time, may be explained by changes in labor and retirement policies. …
Persistent link: https://www.econbiz.de/10010286585
retirement, we estimate child skill production functions and embed them into an estimated dynastic model in which altruistic … mothers and fathers make investments in their children. We find that time investments, educational investments, and … education subsidies can reduce inequality, due to an estimated dynamic complementarity between time investments and education …
Persistent link: https://www.econbiz.de/10014480401
women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons …-off between later retirement versus increased work intensity, produce relevant background facts, and provide estimates of the …
Persistent link: https://www.econbiz.de/10010269397
Many pay-as-you-go pension systems have increased or plan to increase their legal retirement age (LRA) to address the …
Persistent link: https://www.econbiz.de/10010275830
The paper asks why retirement can be so abrupt in countries such as France (1/2% of the workforce over 65), yet staged … make little allowance for fair pension increases if retirement is deferred. While these laws have begun to change, we find …
Persistent link: https://www.econbiz.de/10010276698