retirement as an absorbing state, that we calibrate to match the observed patterns. Our finding is that the dynamics of relative … into retirement. In contrast, differences in layoff rates and job offer arrival rates cannot explain these patterns. Our … results support the idea that retirement incentives, more than weak labor demand, are responsible for the low employment rates …

retirement as an absorbing state, that we calibrate to match the observed patterns. Our finding is that the dynamics of relative … into retirement. In contrast, differences in layoff rates and job offer arrival rates cannot explain these patterns. Our … results support the idea that retirement incentives, more than weak labor demand, are responsible for the low employment rates …

retirement as an absorbing state, that we calibrate to match the observed patterns. Our finding is that the dynamics of relative … into retirement. In contrast, differences in layoff rates and job offer arrival rates cannot explain these patterns. Our … results support the idea that retirement incentives, more than weak labor demand, are responsible for the low employment rates …

-monetary unemployment scarring for people who were unemployed for the first time in their life directly prior to retirement, but not for …Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons … (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as …

-monetary unemployment scarring for people who were unemployed for the first time in their life directly prior to retirement, but not for …Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons … (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as …

unemployment benefits for older workers helps explain the low rate of employment just before the early retirement age. Decreasing … activity not only decreases the participation rate by inducing early retirement, but also badly affects the employment rate of … older workers just before early retirement age. Countries with an early retirement age at 60 also have lower employment …

of the marginal actuarially fair incentives in case of postponed retirement. Social Security then faces a trade …-off between giving enough incentives to make individuals actually delay retirement and giving little increase in pensions in order …. Furthermore, we analyze the interactions between wealth and retirement behavior. …

In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send … expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement …

In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send … expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement …