This paper explores how extended unemployment insurance (UI) benefits targeted to older workers affect early retirement and social welfare. The trade-off of optimal UI between consumption smoothing and moral hazard requires accounting for the entire early retirement system, which often includes...

This paper explores how extended unemployment insurance (UI) benefits targeted to older workers affect early retirement and social welfare. The trade-off of optimal UI between consumption smoothing and moral hazard requires accounting for the entire early retirement system, which often includes...

This paper explores how extended unemployment insurance (UI) benefits targeted to older workers affect early retirement and social welfare. The trade-off of optimal UI between consumption smoothing and moral hazard requires accounting for the entire early retirement system, which often includes...

Recent policies aiming to prolong worklives have increased older males' labor supply. Yet, little is known about their intergenerational effects. Using unique Dutch administrative data covering three consecutive generations, this paper studies the impact of increased grandfathers' labor supply...

This paper studies the economic effects on re-employment and program substitution behavioramong elderly displaced workers who exogenously lose eligibility for their early retirement option. We use detailed Norwegian matched employer-employee data containing information on bankruptcy dates and...

Using panel data extracted from wave 1, 2, 4, 5 and 6 of the Survey of Health, Ageing and Retirement in Europe, this paper investigates the impact of unemployment on health outcomes of the European elderly during the period 2004 to 2015. Various estimators with panel fixed-effects are employed...

Using panel data extracted from wave 1, 2, 4, 5 and 6 of the Survey of Health, Ageing and Retirement in Europe, this paper investigates the impact of unemployment on health outcomes of the European elderly during the period 2004 to 2015. Various estimators with panel fixed–effects are employed...

We study the welfare effects of disability insurance (DI) and derive social-optimality conditions for the two main DI policy parameters: (i) DI eligibility rules and (ii) DI benefits. Causal evidence from two DI reforms in Austria generate fiscal multipliers (total over mechanical cost...