endogenous retirement. Labor taxation distorts not only labor supply, but also education and retirement decisions. Actuarially … unfair pensions further exacerbate labor tax distortions on retirement. Education subsidies can nevertheless cushion the … adverse impact of taxation on skill formation. Feedbacks between education, labor supply, and retirement are important. The …

for consumption and the hours of time supplied to the labour market, they also choose their schooling level and retirement …

to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …-capita growth. The OLG model captures direct effects, working through adjustments in the savings rate, labor supply, and capital … deepening, and indirect effects, working through changes of taxes, government spending components and the retirement age in …

include an additional dimension of public policy, namely education funding. Indeed, the productivity growth of future workers …

We study the effects of an annuity market imperfection on individual agents' labour supply and retirement decisions and … on the macroeconomic growth rate in an overlapping generations model with endogenous growth. We model imperfect annuities … repercussion is that economic growth is lower under imperfect annuities than with perfect annuities. …

Germany recent reforms that aim at raising retirement age and cutting benefit levels should be complemented by increases in …

increasing the standard and early retirement ages in a discretionary, scheduled, or automatic way, and by making it harder for … people to retire prematurely. To this end, countries have adopted alternative retirement age strategies, but our analyses … methods that underestimate life expectancy. This paper discusses how to implement automatic indexation of the retirement age …