Reference : Unemployment and retirement in a model with age-specific heterogeneity
Scientific congresses and symposiums : Unpublished conference
Business & economic sciences : Economic systems & public economics
http://hdl.handle.net/2268/15680
Unemployment and retirement in a model with age-specific heterogeneity
English
Lefebvre, Mathieu mailto [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg : UER > Economie publique appliquée >]
Dec-2009
Yes
International
Spanish Economic Association symposium
[en] unemployment ; retirement
[en] 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.
http://hdl.handle.net/2268/15680

File(s) associated to this reference

Fulltext file(s):

FileCommentaryVersionSizeAccess
Open access
unem_labour.pdfAuthor preprint226.71 kBView/Open

Bookmark and Share SFX Query

All documents in ORBi are protected by a user license.