specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment … for employment protection, provided it is uniform across workers and not specifically higher for older workers. It …

transitions among labour force states defined by the employment status of both spouses. The analysis indicates that the … probability of one spouse exiting employment is much larger if the other spouse is not employed than if the other spouse is … employed. Similarly, one member of a couple is much more likely to enter employment if the spouse is employed than if the …

The aging of the populations of all developed nations over the next 40 years will have an important impact on welfare … developments into the next century. A range of possible policy responses to the increased cost of an aging population is considered …, and the paper concludes that the scope for reducing this cost by altering pension systems or increasing retirement age is …

This paper evaluates the relative impact of range of health, economic and structural factors on the employment … of workforce in 34 industrial sectors drawn from the decennial censuses from 1951 to 1981. It finds that early retirement … is influenced primarily by economic factors, although health becomes important in 1981. By showing that retirement and …

Recessions lead to short-term job loss, lower levels of happiness and decreasing income levels. There is growing … disturbing long-run effect of recessions: young people who leave school in the midst of recessions are significantly more likely … unemployment rates are both long lasting and substantial. …

The observation that liquidations are concentrated in recessions has long been the subject of controversy. One view …, recessions result in reduced restructuring, and that this is likely to be socially costly once we consider inefficiencies on both …

long-established employment practices and patterns of asset accumulation. Information drawn from the decennial censuses …

respond to labour tax rates and government supplied non-employment benefits. We compare aggregate and individual outcomes in … this individualistic incomplete markets model with those in a comparable collectivist representative family with employment … terms of how macroeconomic aggregates respond to some types of government supplied non-employment benefits, but remarkably …

Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the … effects estimation methods. We find some strikingly large effects of certain events on the occurrence of depression. We show …