Martín, Alfonso R. Sánchez; Pérez, Jose Ignacio García - Departamento de Economía, Universidad Pablo de Olavide - 2014
In this paper, we explore the links between pension reform, early retirement, and the use of unemployment as an … alternative pathway to retirement. We use a dynamic rational expectations model to analyze the search and retirement behaviour of … employed and unemployed workers aged 50 or over. The model is calibrated to reproduce the main reemployment and retirement …