Hairault, Jean-Olivier; Langot, François; Zylberberg, Andre - Institute for the Study of Labor (IZA) - 2012
not; the existence of search externalities makes the retirement age of unemployed workers intrinsically suboptimal …As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement … propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …