Fig. 3From: Fostering job search among older workers: the case for pension reformBenchmark theoretical predictions (green, dashed line) vs. empirical data (blue, continuous line): retirement \(U \rightarrow R\) and reemployment \(U \rightarrow E\) hazards (top panels), average accepted reemployment wages, AAW, (bottom left panel) and exogenous transitions into unemployment \(E \rightarrow U\) (bottom right panel)Back to article page