Calendrier du 07 juin 2016
PSI-PSE (Petit Séminaire Informel de la Paris School of Economics) Seminar
Du 07/06/2016 de 17:30 à 18:30
HOTTE Rozenn ()
What Drives Family-Level Endogamy in Marriage in Senegal?
Paris Trade Seminar
Du 07/06/2016 de 14:30 à 16:00
Maison des Sciences économiques, salle du 6ème étage (106-112 boulevard de l'hôpital, 75013 Paris)
TINTELNOT F. (CHICAGO)
*The Margins of Global Sourcing: Theory and Evidence from U.S. Firms
écrit avec Pol Antràs (Harvard University) - Teresa C. Fort (Tuck School at Dartmouth)
Applied Economics Lunch Seminar
Du 07/06/2016 de 12:30 à 13:30
Campus jourdan,Bâtiment G, Rez de chaussée, Salle 8
RABATé Simon (PSE)
Can I Stay or Should I Go? Mandatory Retirement and Labor Force Participation of Older Workers
The growing pressure for reforming ?nancially unstable pension systems makes it crucial to understand the determinants of retirement decision. This article focuses on a paramount though often disregarded channel, namely demand-side induced retirement. Labor supply and demand determinants of retirement are often di?cult to disentangle. In this paper, I take advantage of a unique natural experiment, the progressive ban of mandatory retirement in France in the 2000s. Drawing on an extensive administrative dataset, I use inter-industry reform-induced variations in mandatory retirement legislation, to insulate this factor from other determinants of retirement, such as ?nancial incentives. I ?nd that demand-side determinants through mandatory retirement do play a role in retirement behavior, as the repeal of mandatory retirement increased employment of older workers. Exit rates from employment are estimated to be 6% higher when mandatory retirement is possible. Secondly, as in the French pension system the mandatory retirement age coincided with the full rate age, I exhibit a previously uncovered determinant of the large spike in retirement distribution at this age. Mandatory retirement is estimated to explain around 12.5% of the observed bunching at the full rate