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Using data from the Health and Retirement Study (HRS), we analyze trends in voluntary, pressured, and forced quits and …. Accumulating sufficient resources to provide an adequate income in retirement requires most individuals to work well into their 60s … risk of missing out on their peak savings years and failing to prepare adequately for retirement …
Persistent link: https://www.econbiz.de/10013135473
Much of the research in labor economics during the 1980s and the early 1990s was devoted to the analysis of changes in the wage structure across many of the world's economies. Only recently, has research turned to the analysis of mobility in its various guises. From the life cycle perspective,...
Persistent link: https://www.econbiz.de/10012774438
The retirement age raise is bound to create certain risks for the labor market. Nevertheless, statistics point to the … existence of an informal agreement between employees and employers that the retirement age should mark the end of an employment … history. If such is the case, a raised retirement age will simply push that threshold a little further …
Persistent link: https://www.econbiz.de/10012909056
savings for public transfer schemes such as unemployment or early retirement benefits …
Persistent link: https://www.econbiz.de/10013050971
We estimate a model of the joint participation and mobility along with the individuals' wage formation in France. Our model makes it possible to distinguish between unobserved person heterogeneity and state-dependence. We estimate the model using state of the art bayesian methods employing a...
Persistent link: https://www.econbiz.de/10013318035
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In this paper, we expand on the seminal work of Altonji and Shakotko (1987) and Topel (1991) and reinvestigate the returns to seniority in the U.S. We begin with the same wage equation as in previous studies. We extend the model of Hyslop (1999) and explicitly model the participation/employment...
Persistent link: https://www.econbiz.de/10014202254
This paper combines two strains of the literature on the employment effects of deferred compensation. The first strain separates seniority and job matching wage effects on the basis of individual data, but can not look at employment consequences. The second strain explains the employment...
Persistent link: https://www.econbiz.de/10014216012