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Equilibrium unemployment and retirement
Hairault, Jean-Olivier; Langot, François; Zylberberg, … - 2012
propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …
Persistent link: https://www.econbiz.de/10009536410
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How Do Unemployed Workers Behave Prior to Retirement? A Multi-State Multiple-Spell Approach
Gałecka-Burdziak, Ewa - 2017
out of unemployment because they become eligible to receive pension benefits. We use a unique dataset covering the … unemployment histories (longitudinal data) of individuals born between 1940 and 1965 who were registered with any of the public … time period 1996-2015. We examine the transition from unemployment to retirement as a multi-year process. We analyse …
Persistent link: https://www.econbiz.de/10012959037
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Life expectancy, schooling, and lifetime labor supply : theory and evidence revisited
Cervellati, Matteo; Sunde, Uwe - 2013
This paper presents a theoretical and empirical analysis of the role of life expectancy for optimal schooling and lifetime labor supply. The results of a simple prototype Ben-Porath model with age-specific survival rates show that an increase in lifetime labor supply is not a necessary, nor a...
Persistent link: https://www.econbiz.de/10009721323
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How sustainable are old-age pensions in a shrinking population with endogenous labour supply?
Cardoso, Pedro; Praag, Bernard M. S. van - 2003
In this paper we model an OLG-economy where labour supply is endogenously determined and where we assume that there are two pension systems, namely, a pay-as-you-go system and a funded system. The main question is whether there is an equilibrium involving an old-age pensions system, partly...
Persistent link: https://www.econbiz.de/10011514183
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Retirement intentions in the presence of technological change : theory and evidence from France
Messe, Pierre-Jean; Moreno-Galbis, Eva; Wolff, … - In: IZA Journal of Labor Economics 3 (2014), pp. 1-28
This paper investigates the role of productivity as a determinant of the worker's retirement intentions. Using an overlapping generation framework, we analyze the retirement decision of a cohort of workers being ability heterogeneous. The labor market is endogenously segmented between workers...
Persistent link: https://www.econbiz.de/10010463653
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Intertemporal Substitution in Labor Force Participation : Evidence from Policy Discontinuities
Manoli, Dayanand - 2010
This paper presents new empirical evidence on intertemporal labor supply elasticities. We use administrative data on the census of private sector employees in Austria and variation from mandated discontinuous changes in retirement benefits from the Austrian pension system. We first present...
Persistent link: https://www.econbiz.de/10013136776
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Implications of Full and Partial Retirement for Replacement Rates in a Defined Benefit System
Kantarci, Tunga - 2011
In this paper we use the actual rules and formulas of an occupational pension fund, the state pension fund and the tax system in the Netherlands to calculate net replacement rates at each age from 60 to 70 in full and partial retirement scenarios. We then vary the parameters of the pension...
Persistent link: https://www.econbiz.de/10013123970
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Life Expectancy, Schooling, and Lifetime Labor Supply : Theory and Evidence Revisited
Cervellati, Matteo - 2013
This paper presents a theoretical and empirical analysis of the role of life expectancy for optimal schooling and lifetime labor supply. The results of a simple prototype Ben-Porath model with age-specific survival rates show that an increase in lifetime labor supply is not a necessary, nor a...
Persistent link: https://www.econbiz.de/10013084661
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Pension Incentives and Early Retirement
Engels, Barbara - 2016
-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … unemployment over age rather than a substitution into unemployment …
Persistent link: https://www.econbiz.de/10012979334
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Age-Targeted Income Taxation, Labor Supply, and Retirement
Gustafsson, Johan - 2021
This paper studies the life-cycle effects of favorable marginal tax treatment of older workers on their optimal life cycle labor supply, retirement timing, and savings. I develop a structural model in continuous time where the life-cycle of a representative agent is divided into three distinct...
Persistent link: https://www.econbiz.de/10013235104