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http://www.itinerainstitute.org/en/library/external-publications-presentations/_paper/retire-later-or-work-harder/
Retire later or work harder?
25 February 2010
The guaranty of future pensions’ payment is strongly related to the participation rate on the labour market. According to this IZA report, we will either have to work harder or work longer if we want to increase this rate. Both options influence employers’ decisions to invest in human capital, but will in the first place depend on a number of workers’ characteristics (job satisfaction, need of money, etc). The authors investigate the British labour market and present this trade-off both theoretically and empirically and its impact on labour input.

http://ftp.iza.org/dp4720.pdf

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Where is our labour market going in the 21st century? How do we handle ageing and globalisation successfully? Can we finally push back mass unemployment? Can we combine more flexibility with more security? Can we make older people work more? Can we finally include foreigners in the labour force? This book provides new ideas to adjust the organisation of the Belgian labour market to a new era. It calls for broad and deep reforms for the long term, beyond the convulsive short-term reflex of acquired rights.

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