Peut-on expliquer le faible taux d'emploi des seniors en France ?
The particularly low employment rate of French older workers could be explained by a « distance to retirement » effect. In fact, employers and employees’ investment in the work relation would be not profitable when employees are near to retirement. In their empirical study, Hairault and al. (2006) demonstrate the probability of being employed is linked to the « distance to retirement ». In our paper, we show that this « distance to retirement » effect can be interpreted as a « distance to entry » effect — in other words, the negative impact of the career length on the probability of being employed. Thus, it seems difficult to identify the respective contributions of the « distance to entry » and the « distance to retirement » to the low employment rate of French older workers using only data from the French Labour Force Survey. JEL classification: J20, J26, J62.
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