Structural changes in the labor market and the rise of early retirement in Europe

"The rise of early retirement in Europe is typically attributed to the European system of taxes and transfers. Contrary to a purely neoclassical framework, a model with imperfectly competitive labor market also allows to consider the effect of the bargaining power of labor and matching efficien...

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Main Authors: Batyra, Anna, de la Croix, David, Pierrard, Olivier, Sneessens, Henri
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Louvain-la Neuve 2016
UCL
Subjects:
Online Access:https://www.labourline.org/KENTIKA-028212484649-Structural-changes-in-the-labo.htm
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author Batyra, Anna
de la Croix, David
Pierrard, Olivier
Sneessens, Henri
author_facet Batyra, Anna
de la Croix, David
Pierrard, Olivier
Sneessens, Henri
collection Library items
description "The rise of early retirement in Europe is typically attributed to the European system of taxes and transfers. Contrary to a purely neoclassical framework, a model with imperfectly competitive labor market also allows to consider the effect of the bargaining power of labor and matching efficiency on preretirement. We find that lower bargaining power of workers and less efficient labor markets characterized by the declining matching efficiency have been an important determinant of early retirement in France and Germany. These structural changes, combined with early-retirement transfers and population ageing, are also consistent with the joint evolution of employment and unemployment rates, the labor share and the seniority premium."
format TEXT
geographic France
Germany
id 028212484649_d65b5c9ffc6e47f5be598e11d8b46f36
institution ETUI-European Trade Union Institute
is_hierarchy_id 028212484649_d65b5c9ffc6e47f5be598e11d8b46f36
is_hierarchy_title Structural changes in the labor market and the rise of early retirement in Europe
language English
physical 35 p.
Digital
publishDate 2016
publisher Louvain-la Neuve
UCL
spellingShingle Batyra, Anna
de la Croix, David
Pierrard, Olivier
Sneessens, Henri
ageing
early retirement
labour force participation
structural change
labour market policy
Structural changes in the labor market and the rise of early retirement in Europe
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=105890292307
title Structural changes in the labor market and the rise of early retirement in Europe
topic ageing
early retirement
labour force participation
structural change
labour market policy
url https://www.labourline.org/KENTIKA-028212484649-Structural-changes-in-the-labo.htm