This paper studies the optimal linear tax-transfer policy in an economy where agents differ in productivity and in genetic background, and where longevity depends on health spending and genes. It is shown that, if agents internalize imperfectly the impact of genes and health spending on...

This note presents and discusses a number of questionable assertions on retirement and on policies aimed at fostering labor participation among elderly workers. We show that these assertions are fallacious or at best highly questionable.