Reference : Social security and early retirement: the relationship between workers, firms and gov...
E-prints/Working papers : Already available on another site
Business & economic sciences : Economic systems & public economics
http://hdl.handle.net/2268/22853
Social security and early retirement: the relationship between workers, firms and government
English
Lefebvre, Mathieu mailto [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg : UER > Economie publique appliquée >]
2009
CREPP
CREPP working paper n°200907
Yes
[en] 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.
http://hdl.handle.net/2268/22853
http://www2.ulg.ac.be/crepp/papers/crepp-wp200907.pdf
http://www2.ulg.ac.be/crepp/papers/crepp-wp200907.pdf

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