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This paper investigates the consequences of pension reform for life-cycle unemployment and retirement. We find that (i … retirement and boosts efficiency; and (iv) extending the calculation period favors employment of young workers, might possibly … lead to more unemployment among older ones, encourages postponed retirement and most likely yields positive welfare gains …
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Labor market tightness following the height of the Covid-19 pandemic led to an unexpected compression in the US wage distribution that reflects, in part, an increase in labor market competition. Rapid relative wage growth at the bottom of the distribution reduced the college wage premium and...
Persistent link: https://www.econbiz.de/10014247930
Labor market tightness following the height of the Covid-19 pandemic led to an unexpected compression in the US wage distribution that reflects, in part, an increase in labor market competition. Rapid relative wage growth at the bottom of the distribution reduced the college wage premium and...
Persistent link: https://www.econbiz.de/10014259724