The Effects of Early Retirement on Youth Unemployment : The Case of Belgium /

In this paper, we describe the changes of (early) retirement programs over time and study the link between trends in elderly labor force participation and youth unemployment. From a theoretical point of view, there is no convincing argument that the idea of a lump-of-labor should hold. Our empirical...

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Podrobná bibliografie
Hlavní autor: Pestieau, Pierre
Další autoři: Jousten, Alain, Lefebvre, Mathieu, Perelman, Sergio
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2008.
Edice:IMF Working Papers; Working Paper ; No. 2008/030
On-line přístup:Full text available on IMF
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Shrnutí:In this paper, we describe the changes of (early) retirement programs over time and study the link between trends in elderly labor force participation and youth unemployment. From a theoretical point of view, there is no convincing argument that the idea of a lump-of-labor should hold. Our empirical results comfort this finding, and indicate a very weak link, if any, between elderly retirement and activity among the young and the prime-age populations.
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Fyzický popis:1 online resource (31 pages)
Médium:Mode of access: Internet
ISSN:1018-5941
Přístup:Electronic access restricted to authorized BRAC University faculty, staff and students