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, there is a sufficiently short distance to retirement for which flat unemployment benefits can be the optimal contract as the … optimal contract that integrates unemployment insurance and retirement pension systems. …This paper shows that optimal unemployment insurance contracts are age-dependent. Older workers have only a few years …
Persistent link: https://www.econbiz.de/10010269168
of the marginal actuarially fair incentives in case of postponed retirement. Social Security then faces a tradeoff … 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. …
Persistent link: https://www.econbiz.de/10010262214
into account distortions related to unemployment benefits and bargaining power shows the robustness of this result, in …
Persistent link: https://www.econbiz.de/10010269359
In this paper, we investigate whether business cycles can imply sizable effects on average unemployment. First, using a … on unemployment: positive shocks reduce unemployment less than negative shocks increase it. For the observed process of …
Persistent link: https://www.econbiz.de/10010269007
competition), unemployment inequalities and job instability during the polarization process of the labor market fostered by the … stability, the size of each labor market segment and the unemployment rates …
Persistent link: https://www.econbiz.de/10010268006