This paper investigates the age-dependency of participation andunemployment by integrating job search with intertemporal optimizing behaviorof finitely-lived households. We find that search frictions and tax ratesdistort the decisions of older workers to a much larger extent than that ofyoung...

We present a structural empirical model of collective household labour supply. Following recent developments in the literature on collective household labour sup- ply our model allows for the nonparticipation decision, along with the choice of working hours. We use the theoretical framework for...