with five margins of labor supply: labor market participation, hours worked, job search, retirement, and on … retirement age to 68 years, may limit the tax increases to 4 percentage points of value added tax and reduce the decline of per …

with five margins of labor supply: labor market participation, hours worked, job search, retirement, and on … retirement age to 68 years, may limit the tax increases to 4 percentage points of value added tax and reduce the decline of per …

unemployment. The public sector is decomposed into general government and an unfunded pension system with a tax benefit linkage … society. We find that lowering the pension replacement rate and increasing the retirement age can have strong labor market … effects. They strengthen labor supply both in terms of job search intensity, leading to lower unemployment rates, and hours …

This paper investigates the consequences of pension reform for life-cycle unemployment and retirement. We find that (i … lead to more unemployment among older ones, encourages postponed retirement and most likely yields positive welfare gains. …) improving actuarial fairness in pension assessment not only boosts old age participation but also reduces unemployment among …

five margins of labor supply: labor market participation, hours worked, job search, retirement, and on-the-job training. A … passive fiscal strategy would be very costly. A comprehensive reform, including an increase in the retirement age to 68 years …

This paper investigates the consequences of pension reform for life-cycle unemployment and retirement. We find that (i … lead to more unemployment among older ones, encourages postponed retirement and most likely yields positive welfare gains. …) improving actuarial fairness in pension assessment not only boosts old age participation but also reduces unemployment among …