Fachkräfteengpässen auf dem deutschen Arbeitsmarkt entgegen zu wirken. Einen entscheidenden Beitrag an der Arbeitsmarktintegration leisten …

. Those results are consistent with additional findings that higher unemployment rates at time of graduation significantly …

induce retirement by the elderly in order to free up jobs for the young andto redistribute income across generations. This …

the lifecycle affects aggregate labor market activity, and in particular, unemployment. While much work has been done on … environment in which unemployment arises as a natural possibility and both young and old workers find themselves contemporaneously …

retirement and hence creating job vacancies for the young, improve the allocation of workers to jobs in the labor market? Using a … standard model of labor market search, we establish that the equilibrium with no policy-induced retirement can be efficient …. Even under worst-case parameterizations of our model, we find that public retirement programs pay the elderly substantially …