Continued improvements in life expectancy and fiscal insolvency of public pensions have led to an increase in pension entitlement ages in several countries, but its consequences for subjective well-being are largely unknown. Financial consequences of retirement complicate the estimation of...

This paper aims to examine unemployment persistence in Spain by the soûcalled ''ladder'' effect. This arises when highly-skilled workers who do not find a job matching their skills accept jobs which previously were occupied by less qualified staff. We develop a dynamic general equilibrium...

Continued improvements in life expectancy and fiscal insolvency of public pensions have led to an increase in pension entitlement ages in several countries, but its consequences for subjective well-being are largely unknown. Financial consequences of retirement complicate the estimation of...

[fre] Dans une économie avec contraintes de liquidité, les individus ont plus de difficultés à créer leur entreprise faute d'un financement suffisant de la part des banques. Nous étudions l'effet de telles contraintes et aussi celle des coûts de création d'entreprise sur la relation...