This paper shows that optimal unemployment insurance contracts are age-dependent. Older workers have only a few years left on the labor market prior to retirement. This short horizon implies a more digressive replacement ratio. However, there is a sufficiently short distance to retirement for...

It is often argued that the tax on continued work should be removed by implementing actuarially fair schemes. However, these schemes cannot help fund the expected Social Security deficit. This paper proposes to give individuals only a fraction of the marginal actuarially fair incentives in case...

En France, l'emploi des seniors est en panne, tandis que nos voisins européens ont mieux réussi dans ce domaine depuis le milieu des années 1990. Existe-t-il une spécificité, voire une fatalité française, ou nos réformes sont-elles inadaptées, donc inopérantes? Cet opuscule propose...

[fre] Jean-Olivier Hairault François Langot Thepthida Sopraseuth Retraite choisie et réduction des déficits. Nous proposons un modèle de cycle de vie où les décisions de départ à la retraite sont endogènes, ainsi que les choix de consommation et d'épargne, dans un environnement marqué...

This paper shows that optimal unemployment insurance contracts are age-dependent. Older workers have only a few years left on the labor market prior to retirement. This short horizon implies a more decreasing replacement ratio. However, there is a sufficiently short distance to retirement for...

Based on the French Labor Force Survey, we show that the likelihood of employment is significantly affected by the distance from retirement, in addition to age and other relevant variables.

In France, the pattern of old age pension is characterized by a tax on continued activity, which distorts labour market participation towards a retirement age far below the one that would prevail in an optimal environment. This tax on continued activity would disappear with an actuarially fair...

En France, une année supplémentaire au-delà du taux plein dans le régime général ne donne droit à aucune augmentation de pension. Cette taxe sur le prolongement d'activité distort les choix des agents en faveur d'un âge de départ en retraite inférieur à celui qui prévaudrait dans un...

It is argued that the tax on continued activity should be removed by implementing actuariallyfair schemes. However, these schemes cannot fund the expected Social Security deficit. This paper proposes to give individuals a fraction of the actuarially-fair incentives in the case of postponed...