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La proximité de l'âge de la retraite. Quels effets sur l'accumulation du capital humain et sur la recherche d'emploi ?

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  • Tarek Khaskhoussi
  • François Langot

Abstract

Beyond its negative impact on the employment rate of elder workers, we show in this paper that a short distance to the retirement age explains also the low investment in training. This supports the policies enlarging the retirement age: an increase of the incentive to delay the retirement age not only leads to an raise of the employment rate of elderly but also to promote a better training, upgrading of labor enhances the gains of working. An original equilibrium search model with both endogenous retirement and human capital investment choices gives the theoretical foundation whereas an estimation based an French labor survey provides some empirical support to our approach. Classification JEL : J14, J24, J26, I20

Suggested Citation

  • Tarek Khaskhoussi & François Langot, 2008. "La proximité de l'âge de la retraite. Quels effets sur l'accumulation du capital humain et sur la recherche d'emploi ?," Revue économique, Presses de Sciences-Po, vol. 59(3), pages 641-652.
  • Handle: RePEc:cai:recosp:reco_593_0641
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    Citations

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    Cited by:

    1. Pierre-Jean Messe & Benedicte Rouland, 2012. "Stricter employment protection and firms’ incentives to train: The case of French older workers," TEPP Working Paper 2012-04, TEPP.
    2. Messe, Pierre-Jean & Rouland, Bénédicte, 2014. "Stricter employment protection and firms' incentives to sponsor training: The case of French older workers," Labour Economics, Elsevier, vol. 31(C), pages 14-26.

    More about this item

    JEL classification:

    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • I20 - Health, Education, and Welfare - - Education - - - General

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