“...This paper assesses the impact of two social security reforms using a calibrated, dynamic life cycle model. It quantifies the long‐run distributional impact of...”

“...We study the welfare costs of business cycles in a search and matching model with financial frictions. The model replicates the volatility on labor and...”

“...In this paper, we shed light on the relative contribution of the separation and job finding rates to French unemployment at business cycle frequencies by using...”

“...The public sector hires disproportionately more educated workers. Using US microdata, we show that the education bias also holds within industries and in two...”

“...It is argued that the tax on continued activity should be removed by implementing actuarially fair schemes. However, these schemes cannot fund the expected...”

“...This paper presents empirical evidence and a theoretical foundation in favor of the view that the retirement age decision affects older workers' employment...”

“...Using a general equilibrium heterogeneous agent model featuring health production, we quantify the relative contribution of price distortions in the health...”

“...Transitions to floating exchange rate regimes have led to sharp increases in exchange rate volatilities with no corresponding changes in the distribution of...”

“...In this paper, we show that (i) the volatility of worker flows increases with age in US CPS data, and (ii)a search and matching model with life-cycle features,...”