Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055216 | Economic Modelling | 2011 | 23 Pages |
Abstract
⺠A study of the effects of delaying retirement with age-dependent firing costs. ⺠A taxation of early retirement windows introduced by the French 2003 reform. ⺠A new effect of delaying retirement that raises separations: the impatience effect. ⺠The impatience effect may offset the standard effect of delaying retirement. ⺠A critical value of the tax rate, above which the impatience effect dominates. ⺠The higher the persistence of shocks, the lower the critical value of the tax rate.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
P.J. Messe,