of leaving to early retirement. The wage is not affected …

deepening, and indirect effects, working through changes of taxes, government spending components and the retirement age in …. The closed-form solutions of the model predict taxation and the retirement age in OECD economies to increase in response … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …

In this paper, we consider how the retirement age as well as a tax financed pension system ought to respond to a change … perfect control over the individuals' labor supply and retirement-decisions, the results show that a decrease in the standard … deviation of life-length leads to an increase in the optimal retirement age and vice versa, if the preferences for “the number …

agenda. Due to endogenous human capital depreciation the effective retirement age is often below statutory retirement age … retirement. However, well designed education programs will keep more workers in highly productive activities at the end of their …

We study the effects of an annuity market imperfection on individual agents' labour supply and retirement decisions and …

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 …

why people borrow so much and why they wait so long to save for retirement. We reach a different set of conclusions. We … borrow far less and start saving for retirement significantly earlier than exponential discounters …

In this paper, we consider how the hours of work and retirement age ought to respond to a change in the uncertainty of … individuals' labor supply and retirement-decisions, the results show that a decrease in the standard deviation of life …-length leads to an increase in the optimal retirement age and a decrease in the hours of work per period spent working. This result …