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The Effects of Early Retirement on Youth Unemployment :, The Case of Belgium, Pierre Pestieau, Mathieu Lefèbvre, Alain Jousten, Sergio Perelman

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
Table Of Contents
Contents; I. Introduction; II. Institutional Background; A. The Policy Framework Regarding the Withdrawal from the Labor Force; B. Specific Unemployment Policies Targeted Towards the Young; Figures; 1. Early Retirement (Men); 2. Early Retirement (Women); III. Lump of Labor Fallacy and Youth Unemployment in Belgium; 3. Youth 15-24 Unemployment Rates in OECD Countries; 4. Youth Unemployment by Education Level and Gender; IV. The Data; A. Labor Force Data; 5. Trends in Unemployment and Employment of the Young and Prime Aged Workers Compared to the Labor Force Participation of the Old (Men)
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (33 p.)
Specific Material Designation
Form Of Item

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