References of "Lefebvre, Mathieu"
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See detailUnemployment and retirement in a model with age-specific heterogeneity
Lefebvre, Mathieu ULg

Conference (2009, December)

This paper presents a model where young and old workers compete for one type of jobs in the presence of retirement opportunity. Within this framework, we show that increased retirement opportunities (such ... [more ▼]

This paper presents a model where young and old workers compete for one type of jobs in the presence of retirement opportunity. Within this framework, we show that increased retirement opportunities (such as early retirement) has most of the time a depressing impact on the unemployment rate. Indeed the number of vacancies posted by fi rms is influenced by the probability that an old worker is going into retirement. We show that the degree to which younger workers are influenced by retirement of older workers depends on the relative productivity of young and older workers. It is only when older workers are much more productive than young workers that retirement may bene fit to unemployment. [less ▲]

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See detailUnemployment and retirement in a model with age-specific heterogeneity
Lefebvre, Mathieu ULg

Scientific conference (2009, February)

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See detailLa retraite anticipée des salariés en Belgique
Lefebvre, Mathieu ULg; Paszukiewicz, Alexis ULg; Orsini, Kristian

in Revue Economique (2009)

Cet article propose une analyse de la cessation anticipée d’activité des salariés du secteur privé en Belgique. Contrairement aux études précédentes (Pestieau et Stijns [1999] et Dellis et al. [2004 ... [more ▼]

Cet article propose une analyse de la cessation anticipée d’activité des salariés du secteur privé en Belgique. Contrairement aux études précédentes (Pestieau et Stijns [1999] et Dellis et al. [2004]), notre étude se base sur un modèle structurel d’offre de travail. Ceci a l’avantage de pouvoir être utilisé afin de tester l’impact de réformes potentielles visant à augmenter l’activité des plus âgés. Nos résultats montrent qu’il y a une réelle préférence pour le loisir aux âges avancés mais que les incitants au départ anticipé contenus dans les systèmes de sécurité social jouent un rôle. En particulier, l’accès libre à différents régimes de revenus de remplacement à des âges relativement jeunes constitue un frein à la continuation de l’activité. [less ▲]

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See detailIncentive Effects on Risk Attitude in Small Probability Prospects
Lefebvre, Mathieu ULg; Villeval, Marie-Claire; Vieider, Ferdinand

E-print/Working paper (2009)

Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental investigations. This may however raise an issue of sequentiality of effects as later choices ... [more ▼]

Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental investigations. This may however raise an issue of sequentiality of effects as later choices may be influenced by earlier ones. This paper reports instead between-subject results on the effect of monetary stakes on risk attitudes for small probability prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities predicted by the prospect theory. But under high stakes, we provide some evidence that risk seeking behavior is dramatically reduced. This could suggest that utility is not consistently concave over the outcome space, but rather contains a convex section for very small amounts. [less ▲]

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See detailThe Ratio Bias Phenomenon : Fact or Artifact ?
Lefebvre, Mathieu ULg; Villeval, Marie-Claire; Vieider, Ferdinand

E-print/Working paper (2009)

The ratio bias – according to which individuals prefer to bet on probabilities expressed as a ratio of large numbers to normatively equivalent or superior probabilities expressed as a ratio of small ... [more ▼]

The ratio bias – according to which individuals prefer to bet on probabilities expressed as a ratio of large numbers to normatively equivalent or superior probabilities expressed as a ratio of small numbers – has recently gained momentum, with researchers especially in health economics emphasizing the policy importance of the phenomenon. Although the bias has been replicated several times, some doubts remain about its economic significance. Our two experiments show that the bias disappears once order effects are excluded, and once salient and dominant incentives are provided. This holds true for both choice and valuation tasks. Also, adding context to the decision problem does not change this outcome. No ratio bias could be found in between-subject tests either, which leads us to the conclusion that the policy relevance of the phenomenon is doubtful at best. [less ▲]

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See detailSocial security and early retirement: the relationship between workers, firms and government
Lefebvre, Mathieu ULg

E-print/Working paper (2009)

In this paper we survey a number of theoretical and empirical studies in order to propose explanations to the fall of labor force participation at older age. Starting from the largely studied effect of ... [more ▼]

In this paper we survey a number of theoretical and empirical studies in order to propose explanations to the fall of labor force participation at older age. Starting from the largely studied effect of social security schemes on labor supply, we explore the employers behavior and the role of governments in the development of early retirement schemes. We show that early retirement is the result of a global agreement between firms and government where workers have incentives to early exit the labor market due to generous non actuarial bene ts. Firms have an advantage to separate older workers because they are costly compare to young workers and governments hope that by pushing elderly into early retirement they will solve the massive unemployment problem. [less ▲]

Detailed reference viewed: 37 (5 ULg)
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See detailUnemployment and retirement in a model with age-specific heterogeneity
Lefebvre, Mathieu ULg

E-print/Working paper (2009)

This paper presents a model where young and old workers compete for one type of jobs in the presence of retirement opportunity. Within this framework, we show that increased retirement opportunities (such ... [more ▼]

This paper presents a model where young and old workers compete for one type of jobs in the presence of retirement opportunity. Within this framework, we show that increased retirement opportunities (such as early retirement) has most of the time a depressing impact on the unemployment rate. Indeed the number of vacancies posted by firms is influenced by the probability that an old worker is going into retirement. We show that the degree to which younger workers are influenced by retirement of older workers depends on the relative productivity of young and older workers. It is only when older workers are much more productive than young workers that retirement may benefi t to unemployment. [less ▲]

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See detailRetraite et chômage: les jeunes bénéficient-ils des préretraites ?
Lefebvre, Mathieu ULg

in Reflets et Perspectives de la Vie Economique (2008), XLVII(3), 7-16

Dans cet article, nous décrivons les principaux changements survenus dans l’accès aux préretraites au cours du temps et nous étudions la relation entre la chute conséquente du taux d’activité des ... [more ▼]

Dans cet article, nous décrivons les principaux changements survenus dans l’accès aux préretraites au cours du temps et nous étudions la relation entre la chute conséquente du taux d’activité des travailleurs âgés et le chômage des plus jeunes. Nos résultats vont à l’encontre de l’idée souvent émise selon laquelle les préretraites seraient bénéfiques à l’emploi des jeunes. [less ▲]

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See detailLes effets redistributifs des systèmes de retraite en Europe
Lefebvre, Mathieu ULg

in Revue Française d'Economie (2007)

Les systèmes de retraite varient d’un pays à l’autre de l’Union Européenne selon différentes caractéristiques. Mais tous effectuent une certaine redistribution au sein des cohortes d’individus. Cet ... [more ▼]

Les systèmes de retraite varient d’un pays à l’autre de l’Union Européenne selon différentes caractéristiques. Mais tous effectuent une certaine redistribution au sein des cohortes d’individus. Cet article compare les performances redistributives intragénérationnelles des retraites publiques en utilisant les données du Luxembourg Income Study. L’analyse montre qu’il existe une grande variabilité entre les pays mais que ces différences peuvent être expliquée en partie par les caractéristiques propres aux systèmes. Il est aussi démontré que la redistribution ne favorise pas l’ensemble de la population retraitée de la même manière et que les femmes les plus âgées constituent la catégorie la moins favorisée. [less ▲]

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See detailAn Ageing Burden Indicator
Lefebvre, Mathieu ULg; Perelman, Sergio ULg

in Marin, B.; Zaidi, A. (Eds.) Mainstreaming Ageing. Indicators to Monitor Sustainable Policies (2007)

In this chapter we propose a simple framework to compute a burden indicator to be used in the ageing sustainability debate. Relying on the projections of population as well as on the employment rate and ... [more ▼]

In this chapter we propose a simple framework to compute a burden indicator to be used in the ageing sustainability debate. Relying on the projections of population as well as on the employment rate and the generosity of the systems, it offers the possibility to anticipate the main reforms to be accomplished in order to share the burden of the pay-as-you-go schemes between generations [less ▲]

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See detailThe Social Protection of the Elderly : Comparison of Two Indicators of Generosity
Lefebvre, Mathieu ULg; Pestieau, Pierre ULg

in Marin, B.; Zaidi, A. (Eds.) Mainstreaming Ageing. Indicators to Monitor Sustainable Policies (2007)

The purpose of this article is to distinguish between two types of generosity of the welfare state towards the elderly. These are: average generosity and generosity towards the poor. We compare these ... [more ▼]

The purpose of this article is to distinguish between two types of generosity of the welfare state towards the elderly. These are: average generosity and generosity towards the poor. We compare these indicators across about 20 countries and show how they relate to each other. In particular, we show that a social protection system that is contributive benefits from a large political support and tends to be generous towards the poor. [less ▲]

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See detailThe Generosity of the Welfare State Towards the Elderly
Lefebvre, Mathieu ULg; Pestieau, Pierre ULg

in Empirica (2006)

This paper distinguishes among three types of generosity of social security systems: average generosity, generosity towards early retirement and generosity towards the poor. On the basis of theoretical ... [more ▼]

This paper distinguishes among three types of generosity of social security systems: average generosity, generosity towards early retirement and generosity towards the poor. On the basis of theoretical predictions, it examines the statistical correlations among those types of generosity for 14 OECD countries over the period 1985-2000. It also shows how they have evolved over time and tries to relate this evolution to the process of economic integration. There are three main findings, the first one being a positive relation between average social security spending and poverty alleviation. There is the negative relation between average spending and inequality reduction. Finally, over the period 1985-95 one sees that poverty alleviation increases on average, but to a degree that decreases with economic openness. [less ▲]

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See detailRaising the age of retirement: an example of political ratchet effect
Lefebvre, Mathieu ULg; Pestieau, Pierre ULg; Vidal, Jean-Pierre et al

Report (2005)

Political resistance to a progressive increase in the retirement age is widespread in a number of European countries. We present a simple model explaining why such a reform can be opposed even when it is ... [more ▼]

Political resistance to a progressive increase in the retirement age is widespread in a number of European countries. We present a simple model explaining why such a reform can be opposed even when it is profitable to a majority of citizens. Then, we try to explain the existence of wide differences in the average length of retirement across countries and over time. [less ▲]

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See detailSocial Security in Belgium: Distributive Outcomes
Jousten, Alain ULg; Lefebvre, Mathieu ULg; Pestieau, Pierre ULg et al

Report (2005)

The paper analyzes the link between old-age income programs and economic outcomes in Belgium. We use a simulation methodology to construct an average pension generosity variable. Our regression analysis ... [more ▼]

The paper analyzes the link between old-age income programs and economic outcomes in Belgium. We use a simulation methodology to construct an average pension generosity variable. Our regression analysis explores the link with distributional outcomes in income, consumption and more subjective indicators. Results document the weak link between average generosity and distributional outcomes across a heterogeneous population. [less ▲]

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See detailFaut-il un ou plusieurs indicateurs d'exclusion sociale?
Lefebvre, Mathieu ULg; Perelman, Sergio ULg; Pestieau, Pierre ULg

in Revue Belge de Sécurité Sociale (2005), (1), 59-76

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See detailFaut-il un ou plusieurs indicateurs d'exclusion sociale ?
Lefebvre, Mathieu ULg

in Revue Belge de Sécurité Sociale (2005)

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See detailLa difficile mesure du travail bénévole dans les institutions sans but lucratif
Mertens de Wilmars, Sybille ULg; Lefebvre, Mathieu ULg

in Compte satellite des institutions sans but lucratif 2000 et 2001 (2004)

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See detailThéorie économique et marchandisation des services non marchands
Mertens de Wilmars, Sybille ULg; Lefebvre, Mathieu ULg

in Non Marchand : Management, Droit et Finance (2003), (11), 11-27

Detailed reference viewed: 98 (3 ULg)