MAHIEU, R.; SÉDILLOT, B. - Département des Études Économiques d'Ensemble (D3E), … - 2001
The purpose of this paper is to analyze the effect of the irreversibility of the retirement decision on labour supply … after 60. According to the theory, when the retirement decision is an absorbing state, people tend to remain longer on the … actuarially fair, the irreversibility of the retirement decision leads to higher participation rates in the first years when …