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

WPIEA2008030 Image
Price:  $18.00

Author/Editor: Alain Jousten, Mathieu Lefèbvre, Sergio Perelman, Pierre Pestieau
Release Date: © February, 2008
ISBN : 978-1-45186-892-0
Stock #: WPIEA2008030
Stock Status: On back-order

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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.


Economic policy , Pensions , Social policy

More publications in this series: Working Papers

More publications by: Alain Jousten ; Mathieu Lefèbvre ; Sergio Perelman ; Pierre Pestieau