| 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
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Economics and Econometrics
Authors
P.J. Messe,