for employment protection, provided it is uniform across workers and not specifically higher for older workers. It …

The present Paper studies the retirement incentives for elderly people in Belgium. We model the incentive structure … built into the various public early retirement and retirement systems. First, we compute indicators of benefit entitlement … as of the implicit tax rates the elderly workers face in case of delayed retirement. We find strong evidence of social …

This paper studies the design of retirement and disability policies. It illustrates the often observed exit from the … social welfare. Benefits depend on retirement age and on the (reported) health status. We determine first- and second …-best optimal benefit levels and retirement ages and focus on the distortions which may be induced in the individuals’ retirement …

heterogeneity. We also take into account that there might be feedback from shocks in the employment status to future propensity of … receiving firm-provided training. We find that firm-provided training significantly increases future employment prospects. This …

We construct an overlapping generations model with unemployment risk where wages, employment and severance payments are … a market economy. We prove that the latter generates too little employment and consumption smoothing, an excessive young …