both unemployment and employment duration. Our analysis uses a rich administrative longitudinal data set for Germany where … unemployment. Long-term training schemes increase the average duration of employment spells more strongly than short-term training …. However, they increase the expected unemployment duration if they are started early during unemployment. This negative short …

While the effect of social security systems on retirement decisions has received much attention, the impact of these … investment and retirement decisions in a simple analytical life-cycle model with full certainty and investigate how different … contributions and benefits increase human capital investment and postpone retirement. …

and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account …

This paper investigates the relation between human capital andretirement when the age of retirement is endogenous. This … relation isexamined in a life-cycle earnings model. An employee works full timeuntil retirement. The worker accumulates human … human capital results in a lower life-timeincome, but also in a lower price of an earlier retirement. …