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 … actuarially fair, the irreversibility of the retirement decision leads to higher participation rates in the first years when … retirement is allowed. Moreover labour supply around 60 increases with uncertainty. Simulations show that the impact of an …