Desirable misuse of unemployment benefits: the economics of “Canada Dry” retirement

Preprint, Research OPEN
CREMER, Helmuth; LOZACHMEUR, Jean-Marie; PESTIEAU, Pierre;

The 'Canada Dry' pensions system is in some countries one of the frequent routes to early retirement. It constitutes an informal substitute for early retirement programs. Accordingly, firms lay off aged workers they find costly for what they produce and, to get their su... View more
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