Ferreira, Pedro Cavalcanti; Santos, Marcelo Rodrigues dos - In: Review of Economic Dynamics 16 (2013) 2, pp. 350-370
equilibrium model with endogenous retirement that embeds Social Security legislation and Medicare. Individuals are ex ante … behavior of the American population. It reproduces the peaks in the distribution of Social Security applications at ages 62 and … increase in retirement from 1950 to 2000. Changes in Social Security policy - which became much more generous - and the …