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Strengthening Fairness and Funding in the Canada Pension Plan: Is Raising the Retirement Age an Option?
Hering, Martin; Klassen, Thomas R. - Department of Economics, McMaster University - 2010
This paper seeks to contribute to a forward-looking debate on possible reform options for the Canada Pension Plan (CPP … problems in Canada’s public pension insurance programs, but also because it could improve fairness across generations. The … retirement age in Canada. …
Persistent link: https://www.econbiz.de/10008542640
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The surprisingly large policy implications of changing retirement durations
Hicks, Peter - Department of Economics, McMaster University - 2011
consequences for pension policy, with a dramatic reduction in the need for retirement savings and, particularly if accompanied by …
Persistent link: https://www.econbiz.de/10009144509
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Does Retiree Health Insurance Encourage Early Retirement?
Slavov, Sita Nataraj; Wise, David; Nyce, Steven; … - National Bureau of Economic Research (NBER) - 2011
The strong link between health insurance and employment in the United States may cause workers to delay retirement until they become eligible for Medicare at age 65. However, some employers extend health insurance benefits to their retirees, and individuals who are eligible for such retiree...
Persistent link: https://www.econbiz.de/10009403415
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The Financial Circumstances of Elderly Canadians and the Implications for the Design of Canada’s Retirement Income System
Hamilton, Malcolm - Center for the Study of Living Standards (CSLS)
hitherto unexploited data from Statistics Canada’s Survey of Consumer Spending to examine the financial circumstances of the … elderly and discusses the implications for the design of Canada’s retirement income system. Hamilton notes that there are five … shows that the amount of income available for consumption, that is income after taxes, mortgage payments, savings, union …
Persistent link: https://www.econbiz.de/10005481824
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Hours and Employment in a Stochastic Model of the Firm
PICCIRILLI, Giulio - In: Rivista Internazionale di Scienze Sociali 117 (2009) 1, pp. 85-111
This paper studies how firms adapt hours and employment to changes in business conditions. For this purpose we build a formal model which accounts for dynamic uncertainty and costly adjustments on both margins of the labour input. Using stochastic methods we find that the optimal employment...
Persistent link: https://www.econbiz.de/10010878151
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Ten Facts You Need To Know About Hiring
Muehlemann, Samuel; Leiser, Mirjam Strupler - Institut für Strategie und Unternehmensökonomik … - 2015
This paper provides new empirical evidence on the magnitude and the determinants of a firm's costs to fill a vacancy. We establish empirical facts about hiring costs based on representative establishment-level data from Switzerland. In 2009, average costs to fill a vacancy for a skilled worker...
Persistent link: https://www.econbiz.de/10011213821
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Reducing severance costs or subsidizing permanent job creation: Which policy is more effective to reduce duality?
Osuna, Victoria - Institut für Weltwirtschaft (IfW) - 2015
This paper uses the job creation and destruction model of the search and matching type proposed by García-Pérez and Osuna (2014) to study the effectiveness of subsidizing permanent job creation as a strategy to reduce labour market segmentation between permanent and temporary contracts. The...
Persistent link: https://www.econbiz.de/10011262996
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Job displacement’s long-run effect on access to employer-provided health insurance and other fringe benefits
Jolly, Nicholas A.; Phelan, Brian J. - In: Economics Letters 130 (2015) C, pp. 100-104
This paper investigates the effect of job displacement on access to employer-provided fringe benefits. We find that displacement is associated with lost access to all seven employer-provided benefits investigated. These losses increase the cost of displacement by 10% per year.
Persistent link: https://www.econbiz.de/10011263433
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The Economic Effects of Employment Protection: Evidence from International Industry-Level Data
Micco, Alejandro; Pagés, Carmen - Institute for the Study of Labor (IZA) - 2006
This paper examines the economic effects of employment protection legislation in a sample of developed and developing countries. By implementing a difference-in-differences test, we lessen the potentially severe endogeneity and omitted variable problems associated with cross-country regressions....
Persistent link: https://www.econbiz.de/10005233739
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Non-wage benefits, costs of turnover, and labor attachment: evidence from Russian firms
Juurikkala, Tuuli; Lazareva, Olga - Center for Economic and Financial Research (CEFIR), New … - 2006
Just as in established market economies, many Russian firms provide non-wage benefits such as housing, medical care or day care to their employees. Interpreting this as a strategic choice of firms in an imperfect labor market, this paper examines unique survey data for 404 large and medium-size...
Persistent link: https://www.econbiz.de/10005086566